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Texas Instruments (TXN) Boosts Portfolio Via New Wideband ADC
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Texas Instruments (TXN - Free Report) has been consistently working toward providing advanced solutions to customers on the back of product introductions.
The company recently unveiled a 24-bit wideband analog-to-digital converter (ADC) named ADS127L11. This validates the abovementioned fact.
The latest device is notably the smallest 24-bit wideband ADC, which is a pioneer in accurately measuring signal at wider bandwidths for industrial systems.
It also offers low latency for optimizing power consumption, improving data measurement and achieving higher-level data acquisition.
Additionally, the ADC acquires data in a 50% smaller package and enhances system functionality.
With these advanced capabilities, the ADS127L11 is expected to expand the company’s reach to industrial equipment designers, which in turn will expand the customer base.
With the recent move, Texas Instruments has positioned itself well to expand presence in the booming analog-to-digital converters market, which has been booming due to global technological advancements and growth in disposable income.
Per a report by Reports and Data, the underlined market is expected to hit $3.9 billion by 2028, witnessing a CAGR of 4.9% between 2020 and 2028.
In addition to the recent launch, the company unveiled a bidirectional buck/boost converter named TPS61094, which offers supercapacitor charging and ensures lowest quiescent current.
Expanding Portfolio of Solutions
The latest move bodes well for the company’s persistent efforts toward strengthening the solutions portfolio.
Apart from the ADS127L11 launch, the company introduced the 3D Hall-effect position sensor named TMAG5170. With the help of this sensor, engineers are able to get uncalibrated ultra-high precision at high speeds for quick and accurate real-time control in factory automation and motor-drive applications.
TXN also introduced the TI-84 Plus CE Python graphing calculator to help students explore, visualize, and better understand mathematics as well as science.
Additionally, it launched a high-performance microcontroller portfolio to advance real-time control, networking and analytic applications.
Further, it unveiled the 1.5-W isolated DC/DC bias-supply module called UCC14240-Q1. With the help of this module, engineers are able to cut power solution size in half for use in high-voltage areas like electric vehicles, hybrid electric vehicles, motor-drive systems and grid-tied inverters.
Zacks Rank & Stocks to Consider
Currently, Texas Instruments has a Zacks Rank #3 (Hold).
Image: Bigstock
Texas Instruments (TXN) Boosts Portfolio Via New Wideband ADC
Texas Instruments (TXN - Free Report) has been consistently working toward providing advanced solutions to customers on the back of product introductions.
The company recently unveiled a 24-bit wideband analog-to-digital converter (ADC) named ADS127L11. This validates the abovementioned fact.
The latest device is notably the smallest 24-bit wideband ADC, which is a pioneer in accurately measuring signal at wider bandwidths for industrial systems.
It also offers low latency for optimizing power consumption, improving data measurement and achieving higher-level data acquisition.
Additionally, the ADC acquires data in a 50% smaller package and enhances system functionality.
With these advanced capabilities, the ADS127L11 is expected to expand the company’s reach to industrial equipment designers, which in turn will expand the customer base.
Texas Instruments Incorporated Price
Texas Instruments Incorporated price | Texas Instruments Incorporated Quote
Efforts to Boost Conductor Offerings
With the recent move, Texas Instruments has positioned itself well to expand presence in the booming analog-to-digital converters market, which has been booming due to global technological advancements and growth in disposable income.
Per a report by Reports and Data, the underlined market is expected to hit $3.9 billion by 2028, witnessing a CAGR of 4.9% between 2020 and 2028.
In addition to the recent launch, the company unveiled a bidirectional buck/boost converter named TPS61094, which offers supercapacitor charging and ensures lowest quiescent current.
Expanding Portfolio of Solutions
The latest move bodes well for the company’s persistent efforts toward strengthening the solutions portfolio.
Apart from the ADS127L11 launch, the company introduced the 3D Hall-effect position sensor named TMAG5170. With the help of this sensor, engineers are able to get uncalibrated ultra-high precision at high speeds for quick and accurate real-time control in factory automation and motor-drive applications.
TXN also introduced the TI-84 Plus CE Python graphing calculator to help students explore, visualize, and better understand mathematics as well as science.
Additionally, it launched a high-performance microcontroller portfolio to advance real-time control, networking and analytic applications.
Further, it unveiled the 1.5-W isolated DC/DC bias-supply module called UCC14240-Q1. With the help of this module, engineers are able to cut power solution size in half for use in high-voltage areas like electric vehicles, hybrid electric vehicles, motor-drive systems and grid-tied inverters.
Zacks Rank & Stocks to Consider
Currently, Texas Instruments has a Zacks Rank #3 (Hold).
Investors interested in the broader technology sector can consider stocks like Advanced Micro Devices (AMD - Free Report) , Mimecast Limited and TaskUs (TASK - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Advanced Micro Devices has gained 57.9% on a year-to-date basis. The long-term earnings growth rate for the stock is currently projected at 46.2%.
Mimecast has gained 39.7% on a year-to-date basis. The long-term earnings growth rate for the stock is currently projected at 35%.
TaskUs has gained 35.4% on a year-to-date basis. The long-term earnings growth rate for the stock is currently projected at 32.8%.