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Andvari Associates highlights Texas Instruments (TXN) in Q2 2026 investor letter, noting its benefits from AI infrastructure build-out despite not being a pure-play AI company
Investment management firm Andvari Associates stated in its Q2 2026 investor letter that Texas Instruments, a semiconductor manufacturer, is likely receiving a temporary boost in profits and revenues from its role in building AI infrastructure. However, the firm emphasized that AI and data center-related revenues do not constitute the majority of Texas Instruments' overall revenue. As of September 2, Texas Instruments closed at $254.80 per share, having fallen 8.48% over the past month but gained 36.05% over the past 52 weeks. The company's market capitalization stands at $232.7 billion, and 111 hedge funds held TXN at the end of Q2, up from 71 in the prior quarter.
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