CLAIM #58163 · Texas Instruments Incorporated (TXN) · 2023Q2 earnings call · Jul 25, 2023 · due Dec 31, 2023
“But those hotspots are closing and closing pretty quickly.”
Dave Pahl · Head of IR
In context
“I mean, are there any metrics that you could share with us sort of now versus three or six months ago on the improvement there? Dave Pahl: Yes. Chris, what I would -- how I would frame it today is we've got -- the vast majority of our products are available on ti.com for immediate shipment. And as Rafael talked about, whenever the upgerm does come, we'll have product available as well as capacity behind that to be able to support that demand. Now if a customer wants to give us an order at lead time, those lead times over the cycle haven't changed that much. So they can place that order or if they need inside of that, they can -- for the vast majority of the products, have it available. Now we do have hotspots. We'll probably always have a place where we have a demand and supply imbalance. But those hotspots are closing and closing pretty quickly. As Rafael talked about, we're bringing on capacity every quarter. So that just gives us more flexibility to be able to meet the customer demand. But it does vary beyond what we've got on hand. You have a follow-on? Christopher Danely: Yes, earlier in the call, and in a bunch of the calls, you keep talking about your advantages in manufacturing and given you have more internal manufacturing and more 300-millimeter than the competitors, are you, I guess, are you guys getting a little more aggressive on price? Are you able to price below the competition? Is this something that has happened recently? Some of your competitors have, I guess, complained about TI getting more aggressive in price recently. I just wanted your response to that. Dave Pahl: Yes. Yes. Thanks for the question, Chris. Ou”
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SEC filings for TXN ↗ · Claim quote is verbatim from the 2023Q2 earnings call.