Mizuho Raises Texas Instruments (TXN) Price Target on Strong AI Server Demand
Key takeaways
- On May 19, Mizuho raised its price recommendation on Texas Instruments Incorporated (NASDAQ:TXN) to $300 from $255.
- During the company’s Q1 2026 earnings call, CEO Haviv Ilan highlighted Texas Instruments’ agreement to acquire Silicon Labs as a major strategic move.
- CFO Rafael Lizardi said the company reported net income of $1.5 billion, or $1.68 per share, for the quarter.
Mizuho Raises Texas Instruments (TXN) Price Target on Strong AI Server Demand Vardah Gill Fri, May 22, 2026 at 9:28 PM GMT+7 2 min read TXN 005930.KS SLAB Texas Instruments Incorporated (NASDAQ:TXN) is included among the 10 High Quality Stocks to Buy According to Hedge Funds.
On May 19, Mizuho raised its price recommendation on Texas Instruments Incorporated (NASDAQ:TXN) to $300 from $255. It reiterated a Neutral rating on the shares. The firm increased price targets across the semiconductor sector after reviewing the impact of AI data centers on the analog and memory markets. According to the analyst, channel checks showed that analog chips continue to benefit from AI server ramp-ups. Memory markets are also seeing continued strength across NAND and DRAM due to growing AI server demand. Mizuho expects supply conditions to remain tight through the first half of 2027 and pointed to a potential Samsung strike as another factor to watch.
During the company’s Q1 2026 earnings call, CEO Haviv Ilan highlighted Texas Instruments’ agreement to acquire Silicon Labs as a major strategic move. He said the transaction was expected to close in the first half of 2027, subject to regulatory approvals.