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Texas Instruments (TXN) Stock Rises on $60B U.S. Manufacturing Expansion Plan
Texas Instruments (TXN) Stock Rises on $60B U.S. Manufacturing Expansion Plan
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Texas Instruments shares gained modest traction after unveiling a $60 billion domestic manufacturing initiative. The semiconductor firm plans to expand or construct seven U.S. facilities, capitalizing on political tailwinds from Trump-era protectionist policies. While TXN already maintains substantial stateside production, its global supply chain remains dependent on partners in Taiwan, India, and Singapore.
Analyst sentiment appears cautious despite price target upgrades. Wells Fargo maintained a Hold rating while raising its target to $190, implying 4.5% downside potential. The investment timeline remains unspecified, leaving investors to weigh long-term strategic positioning against near-term valuation concerns.
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