Texas Instruments 1Q26- TI back to roar as cycle upturn heats up; asymmetric inventory bet paying off finally- Revenue up 9% q/q and up 19% y/y to $4.8B at 58% GM (up 210bp q/q); 37% OPM (+37% y/y)- 2Q26 guide: revenue $5.0-$5.4B (mid $5.2B, +8% q/q, slightly above-seasonal); implied GM low-to-mid 59%- 1H26 tracking 17-18% y/y growth at the midpoint; stronger than 1H25; framework $20B rev means $8-$9 FCF/share, $22B means $9-$10- Analog +22% y/y, Embedded +12% y/ySource: Sravan Kundojjala