Texas Instruments: 3 Key Takeaways for Long-Term Investors

Texas Instruments reported Q3 2026 revenue of $6.1 billion with gross margins expanding to 64%, driven by strong industrial and data center demand. The company is increasing capital expenditures to $3 billion to expand internal manufacturing capacity, securing supply chain control and pricing leverage in tight analog chip markets. Management expects continued growth across industrial, automotive, and data center segments with trailing 12-month free cash flow reaching $8.4 billion.