Texas Instruments Beats Q1, Upgraded on Boom

Texas Instruments reported Q1 revenue $4.83 bn, up 6.6% vs estimates and 18.6% YoY, beating forecasts.
BofA and Barclays upgraded the stock, raising price targets to $320 and $250 respectively, citing strong industrial and data‑center growth.
Q1 industrial segment grew >20% QoQ, data‑center revenue rose >25% QoQ (11% of sales, +90% YoY), boosting margins to 58%.
Company guided Q2 revenue $5.20 bn (+8% QoQ) and GAAP EPS $1.91, and flagged $7.5 bn Silicon Labs acquisition for 2027.