Will Texas Instruments' U.S. 300mm Expansion and AI Chip Demand Shift TXN's Investment Narrative?

In recent months, Texas Instruments reported strong quarterly results powered by higher pricing and AI-related chip demand, while advancing a multiyear build-out of U.S.-based 300mm analog manufacturing capacity aimed at improving cost efficiency and supply resilience. At the same time, investors and analysts have been divided between concerns over rising capital spending and slower past growth, and optimism that industrial, automotive, and data center recovery, especially in AI...