TXN's recent earnings exceeded expectations with $4.15 billion in revenue, highlighting strong demand in areas like automotive and personal electronics despite some segment declines. Its focus on analog and embedded processing aligns well with high-growth sectors, setting TXN up to benefit as semiconductor demand recovers.
Price action yesterday confirmed a breakout from recent consolidation, and I am ready to enter with a bullish confirmation near the trendline/support. A bullish pin bar would be the best.