Texas Instruments Tries to Ease Its Capital Pain

Chip maker Texas Instruments (TI) is testing the impact of small changes on chip performance. TI indicated that its capital expenditures for 2026 could be as low as $2 billion if revenue falls at the lower end of its projections. This represents a notable adjustment from the previous plan of spending $5 billion annually until 2026. However, if revenue exceeds expectations, TI could still spend the full $5 billion in capital expenditures that year. The company is working on expanding its manufacturing capacity and monitoring the potential effects on chip stocks.