Cantor Fitzgerald Lifts Texas Instruments Inc (TXN) Price Target. Here’s Why

Texas Instruments Inc (NASDAQ:TXN) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. Texas Instruments stock was a fresh addition to David Greenspan’s equity portfolio during the Q1 2026 period. This semiconductor stock makes up 7.7% of the billionaire’s Slate Path Capital hedge fund portfolio size. Some 71 hedge funds are backing Texas Instruments stock.

Cantor Fitzgerald Lifts Texas Instruments Inc (TXN) Price Target. Here’s Why

On June 29, Cantor Fitzgerald raised its price target on Texas Instruments Inc (NASDAQ:TXN) shares to $340 from $300 while keeping a Neutral rating on the stock. The brokerage views the AI infrastructure buildout as a generational semiconductor cycle, noting that it is expected to drive rapid industry revenue expansion.

According to the brokerage, semiconductor industry revenue could reach roughly $3 trillion by 2029 and exceed $3.5 trillion by 2030, courtesy of AI-driven demand.

In Q1 2026, Texas Instruments’ revenue rose 19% YoY to $4.8 billion, and EPS increased 31% to $1.68. The quarter was supported by strong demand from data center and industrial markets. The company is anticipating Q2 revenue in the band of $5 billion to $5.4 billion and EPS in the range of $1.77 and $2.05.

Texas Instruments Inc (NASDAQ:TXN) is a global semiconductor company. It focuses on developing analog and embedded processing chips. These chips are used in everything from cars and medical devices to industrial systems.

While we acknowledge the risk and potential of TXN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TXN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Top 10 AI Stocks to Buy According to Billionaire Philippe Laffont and 10 Best Dividend Stocks Yielding at Least 5% to Buy According to Hedge Funds.

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1