Texas Instruments just shrugged off a stock dip despite posting explosive growth—revenue up 23% YoY, EPS soaring 52%—driven by booming demand in AI-powered data centers, where revenue doubled year-over-year. The CEO hints at more tailwinds ahead, while expanded manufacturing gives them a speed advantage over rivals. The dip? Blame cautious Q3 guidance that missed some analyst expectations—but it’s really about timing: price hikes won’t fully boost revenue until Q4. Still, with 23% annual earnings growth forecast and a 2% dividend yield, TI remains a compelling long-term play in the AI infrastructure boom.
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