Latest news with #TexasInstruments
Yahoo
6 hours ago
- Business
- Yahoo
Harbor Capital Appreciation Fund's Strategic Moves: Amazon.com Inc. Reduction Highlights Q2 2025
Warning! GuruFocus has detected 4 Warning Signs with NVDA. Harbor Capital Appreciation Fund (Trades, Portfolio) recently submitted its N-PORT filing for the second quarter of 2025, revealing strategic investment decisions made during this period. As part of Jennison Associates LLC, the fund's investment team was led by Spiros Segalas from May 1990 until his passing in January 2023. The team focuses on identifying catalysts expected to drive long-term growth, such as disruptive technologies, new product cycles, and expanding markets. They seek companies with unique business models that offer sustainable competitive advantages through proprietary technologies, strong brands, and efficient supply chains. The fund prioritizes holdings with strong financial characteristics, including robust revenue growth and healthy balance sheets, while ensuring valuations are appropriate. Harbor Capital Appreciation Fund (Trades, Portfolio) added a total of four stocks, including: The most significant addition was Nike Inc (NYSE:NKE), with 2,228,236 shares, accounting for 0.52% of the portfolio and a total value of $125.67 million. The second largest addition was Axon Enterprise Inc (NASDAQ:AXON), consisting of 197,032 shares, representing approximately 0.5% of the portfolio, with a total value of $120.84 million. The third largest addition was Texas Instruments Inc (NASDAQ:TXN), with 711,242 shares, accounting for 0.47% of the portfolio and a total value of $113.83 million. Harbor Capital Appreciation Fund (Trades, Portfolio) also increased stakes in a total of eight stocks, including: The most notable increase was in Cadence Design Systems Inc (NASDAQ:CDNS), with an additional 213,310 shares, bringing the total to 1,647,336 shares. This adjustment represents a significant 14.87% increase in share count, a 0.26% impact on the current portfolio, with a total value of $490.48 million. The second largest increase was in Edwards Lifesciences Corp (NYSE:EW), with an additional 737,424 shares, bringing the total to 2,735,075. This adjustment represents a significant 36.91% increase in share count, with a total value of $206.47 million. Harbor Capital Appreciation Fund (Trades, Portfolio) completely exited six holdings in the second quarter of 2025, including: Vertiv Holdings Co (NYSE:VRT): The fund sold all 1,374,433 shares, resulting in a -0.55% impact on the portfolio. Analog Devices Inc (NASDAQ:ADI): The fund liquidated all 677,860 shares, causing a -0.49% impact on the portfolio. Harbor Capital Appreciation Fund (Trades, Portfolio) also reduced positions in 42 stocks. The most significant changes include: Reduced Inc (NASDAQ:AMZN) by 1,828,136 shares, resulting in a -15.66% decrease in shares and a -1.48% impact on the portfolio. The stock traded at an average price of $201.66 during the quarter and has returned 10.90% over the past three months and 1.78% year-to-date. Reduced Meta Platforms Inc (NASDAQ:META) by 538,641 shares, resulting in a -18.83% reduction in shares and a -1.26% impact on the portfolio. The stock traded at an average price of $612.43 during the quarter and has returned 21.84% over the past three months and 25.51% year-to-date. As of the second quarter of 2025, Harbor Capital Appreciation Fund (Trades, Portfolio)'s portfolio included 54 stocks. The top holdings were 8.37% in NVIDIA Corp (NASDAQ:NVDA), 7.51% in Inc (NASDAQ:AMZN), 6.61% in Microsoft Corp (NASDAQ:MSFT), 5.9% in Netflix Inc (NASDAQ:NFLX), and 5.7% in Apple Inc (NASDAQ:AAPL). The holdings are mainly concentrated in eight of the eleven industries: Technology, Communication Services, Consumer Cyclical, Healthcare, Financial Services, Consumer Defensive, Industrials, and Utilities. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Axios
8 hours ago
- Business
- Axios
Texas Instruments expanding U.S. chip production
Texas Instruments plans to spend $60 billion to produce more chips in the U.S. and has carved out an even larger role for Sherman, where the Dallas-based company is building a megasite. Why it matters: Chips are integral to cars, data centers and electronics and are difficult to manufacture. The Biden and Trump administrations have advocated for the U.S. to manufacture more chips domestically and rely less on Chinese tech components. State of play: TI says it will make the country's largest investment in foundational semiconductor manufacturing, creating over 60,000 new jobs. The company was already building two semiconductor fabrication plants, referred to as fabs, at a megasite in Sherman. Now, the company says it will build two more plants at the site to support future demand. TI also plans to ramp up production at its existing plants in Richardson and Lehi, Utah. The intrigue: TI is more than graphing calculators. The 95-year-old company's technology is found in Apple products, Ford vehicles, SpaceX's Starlink internet service and health care equipment. The company is also working with Nvidia to develop advanced AI infrastructure. Zoom out: Samsung is investing more than $40 billion, along with $6.4 billion in federal money, to expand semiconductor production in Central Texas, including a 1,200-acre chip manufacturing plant outside Austin — almost twice as large as the company's flagship campus in South Korea. Taiwan Semiconductor Manufacturing Co. is planning six plants in Phoenix and says 30% of its most advanced chips will be produced in Arizona. Threat level: The U.S. has scrambled to ramp up chip production capacity after the pandemic exposed the country's overreliance on imports as a national security issue, Axios' Nathan Bomey reports.
Wall Street Journal
8 hours ago
- Science
- Wall Street Journal
The War With Tech Isn't New
Reading Allysia Finley's article 'AI's Biggest Threat: Young People Who Can't Think' (Life Science, June 23), I couldn't help but recall 1976. That was the year I entered junior high—the same year Texas Instruments introduced its TI-30 scientific calculator. Our teachers and parents repeatedly warned us not to become too dependent on this newfangled technology, as it might hinder our ability to think for ourselves. The more things change . . . Greg Ross
Yahoo
4 days ago
- Business
- Yahoo
Texas Instruments Incorporated (TXN): A Bull Case Theory
We came across a bullish thesis on Texas Instruments Incorporated (TXN) on Next Gen Investors Endowment's Substack by Judah Kang. In this article, we will summarize the bulls' thesis on TXN. Texas Instruments Incorporated (TXN)'s share was trading at $199.66 as of 12th June. TXN's trailing and forward P/E were 37.81 and 36.36 respectively according to Yahoo Finance. A close-up of a complex network of integrated circuits used in logic semiconductors. Texas Instruments (TI) represents a compelling long-term opportunity as a dominant player in analog and embedded semiconductors, now trading at an attractive valuation amid temporary headwinds. The company benefits from a wide moat driven by its unmatched scale, broad product portfolio, and sticky customer relationships across structurally growing industries like automotive, industrial automation, and communications. With over 80,000 analog products and a significant embedded processing business, TI holds leadership in key segments where switching costs are high due to long design cycles and system integration complexity, resulting in multi-year recurring revenue streams. Approximately 70% of TI's revenue is derived from the industrial and automotive sectors, both of which are growing at double-digit CAGRs and rely on TI's chips for mission-critical applications such as ADAS, powertrain systems, factory automation, and grid infrastructure. This diversified exposure provides resilience against cyclicality typical of the semiconductor industry. TI also maintains a substantial cost advantage through ownership of multiple 300mm fabs, which yield greater chip output at lower marginal cost than peers reliant on 200mm wafers or external foundries. Despite recent declines in free cash flow and ROIC—largely due to front-loaded capital expenditures to expand internal manufacturing capacity—TI's long-term efficiency remains industry-leading. As capital intensity normalizes post-2025, free cash flow per share is projected to rebound strongly, reaching up to $12 by 2026. Given its exceptional historical capital efficiency, strategic market positioning, and mispricing driven by short-term pessimism, TI's stock presents an attractive entry point. A DCF model supports a fair value of $208.56, making it a high-conviction buy. Previously, we covered a bullish thesis on Texas Instruments (TXN) by The Wolf of Harcourt Street in January 2025, emphasizing its cyclical challenges, underwhelming Q1 guidance, and long-term positioning through advanced 300mm fabs and disciplined capital returns. The stock price has appreciated by roughly 8% since the coverage. Judah Kang echoes this optimism but focuses on TXN's structural advantages—broad analog dominance, sticky automotive and industrial demand, and projected FCF recovery—arguing for mispricing amid temporary macro headwinds. Texas Instruments Incorporated (TXN) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 69 hedge fund portfolios held Texas Instruments Incorporated (TXN) at the end of the first quarter which was 66 in the previous quarter. While we acknowledge the risk and potential of TXN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Texas Instruments Incorporated (TXN) is a Dividend Powerhouse in Tech
Texas Instruments Incorporated (NASDAQ:TXN) is one of the 10 Technology Dividend Aristocrats to Buy in 2025. Texas Instruments Incorporated (NASDAQ:TXN) is an American semiconductor company that specializes in analog and embedded chips. The company has been focused on disciplined capital allocation over the past year. This includes ramping up spending on R&D and expanding its production facilities, all while aiming to maintain stable free cash flow. Thanks to this balanced approach, the company has managed to increase its dividend in a measured and sustainable manner over the years. A robotic arm in the process of assembling a complex circuit board - showing the industrial scale the company operates at. Texas Instruments Incorporated (NASDAQ:TXN) is widely regarded as a reliable dividend payer, supported by strong cash generation, a historically low payout ratio, an attractive yield, and consistent dividend growth. Over the trailing twelve months, the company reported $6.2 billion in operating cash flow and $1.7 billion in free cash flow, with free cash flow accounting for 10.7% of its total revenue. During the same period, Texas Instruments returned $6.4 billion to shareholders through dividends. While its payout ratio currently exceeds 100% on a TTM basis, the five-year average stands at 66%, pointing to a strong and stable financial foundation. Despite significant investments in both R&D and capital expenditures, the company has continued to raise its dividend over the years, reflecting the resilience of its cash flow. Currently, Texas Instruments Incorporated (NASDAQ:TXN) pays a quarterly dividend of $1.36 per share, unchanged from its prior payout. Its most recent increase came in September 2024, marking the 21st consecutive year of dividend growth. With just four more years to go, the company is on track to join the ranks of Dividend Aristocrats. Its dividend yield comes in at 2.74%, which is higher than the average yield of tech stocks. While we acknowledge the potential of TXN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
