Texas Instruments: Strong Franchise, Slow Recovery
Source: SeekingAlpha
2025-10-22 15:29:39 ET
Since my July 24 note , Texas Instruments Incorporated ( TXN ) is down 8.3 percent and has lagged the S&P 500 (SP500) over the same stretch. My prior thesis was straightforward: I wanted proof that utilization and free cash flow were turning while TXN’s premium multiple eased. I didn’t buy the sell-side optimism about a fast industrial and auto recovery....
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Texas Instruments: Strong Franchise, Slow Recovery
Microchip Technology Incorporated
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