Texas Instruments, the largest supplier of analog and embedded processing chips, posted third-quarter sales of $6.06 billion, up 28%, with profit of $2.62 per share. Both cleared the average forecasts of $5.93 billion and $2.26.
For the quarter ending in December, TI guided revenue to a range of $5.8 billion to $6.3 billion and projected EPS of $2.45 to $2.79. That tops Wall Street's $5.73 billion revenue view and $2.26 EPS. The company pointed to strength from automotive and industrial customers and said it saw "broad growth in industrial, automotive and data center."
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Automotive and industrial remain TI's two biggest end markets, which makes its numbers a handy pulse check on real-economy spending. Data center sales now represent roughly 13% of revenue and increased 95%, Chief Executive Officer Haviv Ilan said on the earnings call.
TI plans to expand capacity to handle rising orders, and Ilan said 2026 spending on plants and equipment will likely land near the higher end of the company's $2 billion to $3 billion budget. He noted expansion is limited by wait times for new chipmaking tools, which are in heavy demand. Shares were little changed after hours; they closed at $284.65 and were up 64% for the year.
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