Texas Instruments analog winter might finally be thawing. Q4 2025 - 1.27.2026 (026)

Texas Instruments is usually the "sleepy grandpa" of the chip world, but this earnings report was anything but boring. Despite a "messy" Q4 with shrinking revenues and compressed margins, the stock rallied 8% in after-hours trading. Why? In this episode, Susie and Miro unpack the historic signal hidden in the guidance: for the first time in 15 years, TI is projecting a sequential jump in Q1, potentially marking the end of the "analog winter." 🥶📈We dig into the company’s sudden pivot to "Data Center" (which grew 70% YoY), the massive 222-day mountain of inventory they claim is a "strategic asset," and the dramatic cut in Capex that transforms the stock from a construction project back into a cash cow. Is this the bottom of the cycle, or a high-stakes bet on a recovery that hasn't happened yet? Tune in for the full breakdown. 🎙️