Back to top

Image: Bigstock

Texas Instruments (TXN) Unveils New Isolated Gate Drivers

Read MoreHide Full Article

Texas Instruments Incorporated (TXN - Free Report) or TI recently took the wraps off new isolated gate drivers, namely UCC21710-Q1, UCC21732-Q1 and UCC21750. These gate drivers protect high-voltage systems against overcurrent events and save energy. The devices also ensure safe system shutdown, in turn preventing sudden breakdowns.

These offer integrated sensing features for insulated-gate bipolar transistors (IGBTs) and silicon carbide (SiC) metal-oxide semiconductor field-effect transistors (MOSFETs).

The new drivers are designed for isolated voltage sensing and will be used in several automotive and industrial markets, especially in high-voltage motor drive and power delivery applications, in turn strengthening the company’s presence in these markets.

Bottom Line

The move highlights Texas Instruments’ R&D investments in several high-margin, and high-growth areas of analog and embedded segments. The company is gradually increasing exposure in industrial and automotive markets, as well as dollar content at customers, while reducing exposure to volatile consumer/computing markets.

It has been integrating different functionalities into single devices, and encouraging customers to opt for simpler, more power efficient and smaller form factor products that may potentially lower the cost of ownership, and might be used in the smallest of applications.

This increases its dollar content per device, helping in share gains and margin expansion. Tough competition from the likes of Broadcom, Analog Devices and Intel is also fended off as a result of the same.

As the company continues to leverage its expertise in industrial and auto products, as well as systems to launch compelling products for different markets like analog and embedded, we believe that the move is intended to boost TI’s top-line growth.

Zacks Rank & Stocks to Consider

Texas Instruments currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader technology sector include Expedia Group, Inc. (EXPE - Free Report) , AMETEK, Inc. (AME - Free Report) and Inphi Corporation , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Long-term earnings growth rate for Expedia, AMETEK and Inphi is projected at 13.4%, 9.6% and 28.4%, respectively.

Zacks' Top 10 Stocks for 2019

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?

Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.

See Latest Stocks Today >>


Unique Zacks Analysis of Your Chosen Ticker


Pick one free report - opportunity may be withdrawn at any time


Texas Instruments Incorporated (TXN) - $25 value - yours FREE >>

Expedia Group, Inc. (EXPE) - $25 value - yours FREE >>

AMETEK, Inc. (AME) - $25 value - yours FREE >>

Published in