TD Cowen upgraded Texas Instruments (TXN) stock to “Buy” with a price target of $245, citing confidence in the end of semiconductor de-stocking. The company’s U.S.-based manufacturing gives it an edge as demand stabilizes. Texas Instruments is also collaborating with NVIDIA on power management for data center servers, aligning with the goal of revitalizing US manufacturing for AI infrastructure. Growth in the broader AI industry is expected to drive demand for Texas Instruments’ chips critical for power management in AI-driven systems like data centers. Mairs & Power sees Texas Instruments outperforming in the sector due to its stable cash flow and U.S.-based facilities. Although TXN is a solid investment, other AI stocks may offer greater upside potential with less downside risk.

Read more at Yahoo Finance: TD Cowen Upgrades Texas Instruments (TXN) Stock to Buy