StocksMedium•30 October 2026•
1 min read
Texas Instruments and NXP Industrial Units Grow Up to 50% on AI Data Center Demand
Key Facts
1Texas Instruments and NXP reported year-over-year growth of 40% to 50% in their industrial businesses for Q3 2026.
Digitimes reported that Texas Instruments and NXP recorded year-over-year growth of 40% to 50% in their industrial businesses during the third quarter of 2026. This rebound in the industrial chip segment is primarily attributed to the massive construction of AI data centers and increased adoption of robotics, which helped offset previous weakness in the broader industrial chip market.
Texas Instruments, trading under the ticker TXN, closed at $312.94 on October 29, 2026, while NXP Semiconductors (NXPI) closed at $266 on the same date. This strong financial performance comes as AI infrastructure undergoes a structural expansion that supports demand for semiconductors dedicated to industrial automation.