Increased Demand for AI Applications Boosted Texas Instruments (TXN) in Q1

Soumya Eswaran

Tue, June 16, 2026 astatine 9:15 AM CDT 3 min read

Madison Investments, an concern advisor, released its first-quarter 2026 capitalist missive for the "Madison Large Cap Fund". A transcript of the missive is disposable to download here. The Madison Large Cap Fund (Class I) declined 2.7% successful the quarter, outperforming the S&P 500's -4.33% return. The money focuses connected semipermanent superior appreciation. The 4th saw a displacement successful the equity marketplace beyond the mega-cap exertion stocks into carnal system stocks, influenced by fears of AI disruption. Additionally, rising commodity prices owed to the Middle East struggle reignited ostentation concerns, benefiting sectors specified arsenic Energy, Materials, Utilities, Staples, and Real Estate, which the Fund does not put in, impacting its comparative performance. Please reappraisal the Fund's apical 5 holdings to summation insights into their cardinal selections for 2026.

In its first-quarter 2026 capitalist letter, Madison Large Cap Fund highlighted Texas Instruments Incorporated (NASDAQ:TXN) arsenic a starring contributor. Texas Instruments Incorporated (NASDAQ:TXN) is simply a semiconductor shaper that provides chips and solutions for electronics designers and manufacturers. On June 15, 2026, Texas Instruments Incorporated (NASDAQ:TXN) closed astatine $313.34 per share. One-month instrumentality of Texas Instruments Incorporated (NASDAQ:TXN) was 5.26%, and its shares gained 60.96% implicit the past 52 weeks. Texas Instruments Incorporated (NASDAQ:TXN) has a marketplace capitalization of $285.17 billion.

Madison Large Cap Fund stated the pursuing regarding Texas Instruments Incorporated (NASDAQ:TXN) successful its Q1 2026 capitalist letter:

"The apical 5 contributors for the 4th were Keysight Technologies, Analog Devices, Texas Instruments Incorporated (NASDAQ:TXN), Deere, and PACCAR. Analog Devices and Texas Instruments reported beardown results and a bully outlook owed to the concurrent betterment of extremity marketplace conditions and request for products utilized successful datacenters."

Texas Instruments Incorporated (NASDAQ:TXN) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 71 hedge money portfolios held Texas Instruments Incorporated (NASDAQ:TXN) astatine the extremity of the archetypal quarter, up from 78 successful the erstwhile quarter. Texas Instruments Incorporated (NASDAQ:TXN) announced a revenue of $4.8 cardinal for the archetypal 4th of 2026, marking a sequential maturation of 9% and a year-over-year summation of 19%. While we admit the imaginable of Texas Instruments Incorporated (NASDAQ:TXN) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.