Texas Instruments Inc

TXN: XNAS (USA)

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Texas Instruments: Raising Fair Value Estimate to $310 From $260 as Manufacturing Expansion Pays Off

Brian Colello

May 11, 2026

We raise our fair value estimate for wide-moat Texas Instruments to $310 from $260 as we review our postearnings valuation. We think TI’s rising in-house manufacturing capacity will emerge as a near and medium term strategic asset as broad-based chip manufacturing becomes constrained.

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Texas Instruments Inc

Texas Instruments: Raising Fair Value Estimate to $310 From $260 as Manufacturing Expansion Pays Off

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