TXN is trading about 5% up today at $313.34 following a bullish analyst upgrade centered on artificial intelligence infrastructure.
- Seaport Research Partners upgraded Texas Instruments to Buy from Neutral and raised its price target to $400.
- The upgrade cites the company's ability to capture growth from the rising power management needs of AI data centers.
- While U.S. equities are broadly positive, TXN is significantly outperforming major indices as investors pivot to the AI power-demand thesis.