Review of the key points of the first quarter performance report of Texas Instruments.

1. Financial performance far exceeds expectations: First quarter revenue reached $4.8 billion, with earnings per share of $1.68. Second quarter revenue guidance has been increased to $5 billion to $5.4 billion, significantly higher than the market's general expectations of $4.85 billion. 2. Industrial market is fully recovering: CEO Haviv Ilan pointed out that after a long "hibernation" period, the industrial sector is experiencing widespread recovery, with all sub-industries and regions showing sequential growth, with year-over-year growth exceeding 30%. Currently, industrial revenue is still 15% below the peak of 2022, indicating significant growth potential in the future. 3. Data centers become the growth engine: The data center business has shown strong performance, with a 90% year-over-year increase and a sequential growth of over 25%. The high demand for AI hardware for power management is driving the company's analog chip demand, with annual sales in this sector exceeding $1 billion. 4. Major strategic acquisition: Texas Instruments announced a $7.5 billion acquisition of Silicon Labs to strengthen its global leadership in embedded wireless connectivity. The transaction is expected to be completed in the first half of 2027, and Texas Instruments has committed to providing detailed data to assist investors in Non-GAAP analysis.