How did AI demand affect Texas Instruments stock?

The letter indicated that increased demand for AI applications supported Texas Instruments' stock in Q1.

Did the fund outperform the S&P 500?

Yes, the fund outperformed with a smaller decline (-2.7% vs -4.33%).

Increased AI Demand Boosts Texas Instruments (TXN) in Q1 2026

Madison Investments noted in its Q1 2026 investor letter that increased demand for AI applications boosted Texas Instruments (TXN) stock, helping the Madison Large Cap Fund outperform the S&P 500.

June 16, 2026

2 min read

Source: Insider Monkey

Key Numbers

fund return

-2.7%

benchmark return

-4.33%

Madison Investments, an investment advisor, released its first-quarter 2026 investor letter for the Madison Large Cap Fund, highlighting that rising demand for AI applications supported Texas Instruments (TXN:NYSE).

Fund Performance

The Madison Large Cap Fund (Class I) declined 2.7% in the quarter, outperforming the S&P 500's -4.33% return. The fund focuses on long-term capital appreciation.

Texas Instruments' Role

The letter stated that increased demand for AI applications boosted Texas Instruments' stock, contributing to the fund's outperformance. No further details on the stock's specific contribution were provided.

Broader Context

This comes amid rising demand for semiconductors from the AI sector, with companies like Texas Instruments benefiting from their analog and embedded processing products.

What This Means for Investors

The letter suggests Texas Instruments is well-positioned to benefit from AI demand, but past performance does not guarantee future results.

Frequently Asked Questions

The fund declined 2.7%, outperforming the S&P 500's -4.33% return.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.