Texas Instruments posted strong Q2 2026 results with revenue of $5.46 billion, up 23% year-over-year, and net income of $1.98 billion, a 53% increase. Earnings per share rose to $2.14, beating original guidance by 5 cents. Growth was driven by industrial, data center, and automotive sectors, supported by $8.7 billion in trailing 12-month operating cash flow and $6.5 billion in free cash flow. The company expects Q3 revenue between $5.65 billion and $6.15 billion, with earnings per share of $2.23 to $2.57, reflecting confidence in continued demand and operational strength.
Wolfspeed's stock surged 14% after receiving a conditional $1.5 billion loan commitment from the U.S. Department of War to support domestic silicon carbide production. The loan is subject to approvals and due diligence, with the government receiving ...
The Schwab US Dividend Equity ETF (SCHD) has increased its exposure to technology stocks, with Texas Instruments and Qualcomm becoming its largest holdings after the recent rebalance. This shift has raised the fund's weighted average look-through cas...
