Txn stock price today kept momentum at $170

TXN stock price today kept momentum at $170.95, prompted by recent partnerships with automotive electronics manufacturers. Market analysts forecast steady Q3 revenue growth driven by these deals. NVIDIA’s strong fundamentals, dominant position in AI and impressive growth outlook make a compelling case for staying invested. While valuation is on the higher side, the company’s momentum, both operationally and financially, supports holding the stock. Shares of analog chip manufacturer Texas Instruments ( NASDAQ: TXN ) jumped 4.8% in the afternoon session after a Bernstein research report revealed the company is planning significant price increases on thousands of its products, signaling a strategy to boost margins. The move follows a Bernstein research report published Tuesday, which indicated that Texas Instruments is planning price increases of 20% to 50% on 10,000 to 20,000 products. According to the research firm, this is a strategic effort to improve margins rather than a reaction to market conditions. This company-specific news is amplified by broader positive sentiment in the semiconductor industry. Last week, the U.S. government announced that chipmakers with domestic manufacturing capacity, such as Texas Instruments, would be exempt from potential 100% tariffs on semiconductors. This exemption has removed a significant uncertainty for investors, boosting confidence in the sector. The TXN stock price today reached $172.05 during morning highs before easing slightly. Sector rotation into semiconductors has given chip makers a tailwind, despite mixed macroeconomic sentiment.