Texas Instruments Incorporated (TXN) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Texas Instruments first quarter 2025 earnings conference call. I'm Dave Paul, and I'm joined by our Chief Executive Officer, Javier Villan, and our Chief Financial Officer, Rafael Lizardi. In addition, Mike Beckman has joined us. As you may know, I will be retiring, and Mike will replace me as Vice President of Investor Relations. Mike has worked at TI for nearly two decades and has worked directly with me in investor relations for five years. Mike will moderate today's call. And with that, let me turn it over to Mike. Thanks, Dave. I'm looking forward to the opportunity. For any of you who missed the release, you can find it on our website at ti.com slash IR. This call is being broadcast live over the web and can be accessed through our website. In addition, today's call is being recorded and will be available via replay on our website. This call will include forward-looking statements that involve risks and uncertainties that could cause TI's results to differ materially from management's current expectations. We encourage you to review the notice regarding forward-looking statements contained in the earnings release published today, as well as TI's most recent SEC filings for more complete description. Today, we'll provide the following updates. First, Haviv will start with a quick overview of the quarter, including insight into first quarter revenue results and some details of what we're seeing with respect to our end markets. Next, he'll share how we are approaching the overall market environment and provide guidance for second quarter 2025. Lastly, Rafael will cover the financial results and give an update on capital management. With that, let me turn it over to Haviv. Thanks, Mike. Let me start with a quick overview of the first quarter. Revenue...