Texas Instruments Exec Says Plan To Spend About $5B In Capex Per Year Through 2025 Vs Earlier Plan To Spend $5B Per Year Through 2026
Portfolio Pulse from Benzinga Newsdesk
Texas Instruments has revised its capital expenditure plan, now intending to spend about $5 billion per year through 2025, instead of the previously planned $5 billion per year through 2026.
August 20, 2024 | 3:21 pm
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Texas Instruments has adjusted its capital expenditure plan, reducing the duration of its $5 billion annual spending from 2026 to 2025.
The change in the capital expenditure timeline suggests a shift in Texas Instruments' investment strategy, which could impact its long-term growth plans. However, the annual spending amount remains unchanged, indicating a consistent investment level in the short term.
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