Texas Instruments set for growth with strong Q2 results and AI-driven demand boost

Texas Instruments received analyst upgrades driven by the emerging AI analog cycle, signaling strong future growth. The company reported improved Q2 2026 financials, with gross margin rising to 61.4% and operating margin to 42.3%. Demand from AI-powered data centers and a robust chip portfolio support revenue projections of $5.65-$6.15 billion for Q3. Analysts set a price target of $405, indicating a potential 46% upside from the current price of $277.07.