According to CoinMeta, Arete Research has upgraded its rating on Texas Instruments (Texas Instruments, NASDAQ : TXN) from neutral to buy, and raised its target price from $303 to $405, representing a 34% increase. The company's revenue in the second quarter reached $5.46 billion, a year-on-year increase of 23%, exceeding the market forecast of $5.24 billion. EPS increased by 52% year-on-year to $2.14, surpassing the market expectation of $1.92. The report mentioned that data center revenue tripled, and analysts predict that the surge in demand for artificial intelligence will lead to a shortage of analog semiconductors over the next three years. Arete expects Texas Instruments' revenue to reach $34 billion by the fiscal year 2028, with EPS at $17.