LRT Capital Management LLC Decreases Stock Position in Texas Instruments Incorporated $TXN - MarketBeat

On June 14, 2026, MarketBeat reported that LRT Capital Management LLC reduced its stake in Texas Instruments (TXN) by 54.7% in the fourth quarter, selling 8,283 shares and leaving it with 6,851 shares... Read original →

Despite Texas Instruments' (TI) earnings beat, the sharp institutional sell-off signals unease over its stretched valuation amid cyclical misalignment. Technically, TI’s analog and embedded chips remain entrenched in industrial and automotive systems, yet customers are fast-tracking domestic alternatives to mitigate geopolitical risk—especially as supply chains bifurcate across Taiwan, China and mainland China. Regulatory pressures from U.S. export controls compel TI to build costly 'China-walled' production lines, eroding margins. Rivals like Analog Devices and Renesas are exploiting this by deepening local partnerships and expanding automotive MCU portfolios. Over the next 12–24 months, TI faces a long-tail scenario: stable dividends will underpin floor valuation, but its 51x P/E is unsustainable without breakthroughs in power management or edge-AI silicon that restore clear technological leadership.