Texas Instruments (TXN) Stock Hits 52-Week High Amid Data Center Demand Surge

Texas Instruments (TXN) reached a new 52-week high of $313.15, fueled by a bullish upgrade from Seaport Research Partners. The firm raised its rating to Buy with a $400 price target, highlighting TXN's power chips as critical components for AI data center infrastructure. Shares have surged 72% year-to-date, reflecting robust demand.

Data center revenue skyrocketed approximately 90% year-over-year in Q1 2026, with the company implementing price increases. Earnings per share outperformed expectations at $1.68, compared to the $1.37 consensus, while revenue grew 18.6% YoY. Insider selling has intensified, including recent divestments by the CFO and a Director.

Seaport analyst Jay Goldberg emphasized the growing power demands of AI data centers, which are driving architectural shifts in electricity distribution. Texas Instruments stands to benefit as a key player in the 800V power stack, positioning it at the forefront of this transformative trend.