Texas Instruments Stock Forecast: Can AI Demand Push TXN Above $279 Next Week?
FXLeaders
Texas Instruments (TXN) is currently trading at $278.05, testing resistance after breaking above $275.21. The company is benefiting from increased demand in AI, data centers, industrial, and automotive markets, and has recently increased its dividend. While strong cash flow and reduced capital expenditures are positive, the main risk remains a potential inventory correction in the semiconductor market.
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