Texas Instruments Updates CapEx Plans and Acquisition of Silicon Labs
For 2027 and beyond, CapEx will continue to depend on revenue and expected growth, the company said in prepared remarks ahead of its 2026 capital management call. "For 2027 and beyond, CapEx will continue to depend on revenue and expected growth. Our long-term objective remains the same, to support new technology development, revenue growth and extend our low-cost manufacturing advantage," the company added. TI (TXN) also updated its inventory days target to 150-250 days. "We plan to fund the recently announced acquisition of Silicon Labs (SLAB) through a combination of cash on hand as well as debt financing that we will arrange prior to closing. Silicon Labs will enhance our leadership in embedded wireless connectivity solutions, and we expect it to close in the first half of 2027," TI said. Says commitment to return all FCF over time is "unchanged."
