AI Prospecting for Texas Instruments

Texas Instruments (TI) has several recent significant developments: - TI's CEO, Haviv Ilan, will speak at the UBS investor conference on December 3, 2024[1]. - TI opened a new product distribution center near Frankfurt, Germany, enhancing delivery times in Europe[1]. - TI received up to $1.6 billion in proposed funding from the CHIPS and Science Act for new 300mm semiconductor wafer fabs in Texas and Utah[2]. - TI reported Q3 2024 revenue of $4.15 billion, with net income of $1.36 billion and earnings per share of $1.47[3]. - The company declared a quarterly cash dividend of $1.36 per share for Q4 2024[5].

Texas Instruments has secured up to $1.6 billion in proposed funding from the CHIPS and Science Act to support the construction of three new 300mm semiconductor wafer fabs in Texas and Utah, part of an $18 billion investment through 2029 to enhance domestic semiconductor manufacturing and create over 2,000 jobs[1][2].

Texas Instruments introduced two new series of real-time microcontrollers, the TMS320F28P55x and F29H85x, enhancing system efficiency, safety, and sustainability in automotive and industrial applications. The TMS320F28P55x series includes an edge AI hardware accelerator with up to 99% fault detection accuracy, while the F29H85x series more than doubles real-time control performance and meets safety standards up to ASIL D and SIL 3[1].