Weebit Nano (ASX:WBT) signs License Deal with Texas Instruments and bags an Elephant

Weebit Nano (ASX:WBT) bagged an elephant

On 29 December 2025, Weebit Nano announced it signed an IP (Intellectual Property) license deal with Texas Instruments (TI, NASDAQ:TXN), the world’s largest analog semiconductor manufacturer that generated US$17.3bn in revenues in the last 12 months through 3Q25 (September quarter). In other words, this is a massive deal for Weebit Nano.

We believe it illustrates the need and commercial applicability for the company’s ReRAM IP and will likely lead to commercial discussions with other manufacturers going into higher gear.

What are the Best ASX Semiconductor Stocks to invest in right now?

Check our buy/sell tips

Teaxs Instruments is the largest analog semiconductor manufacturer in the world

Across its 2 main divisions, Analog and Embedded Processing, plus a third smaller one, TI mostly generates its revenues from the Automotive and Industrials sectors. Both are very large verticals globally and both benefit from increasing automation and electrification, including ADAS (Advanced Driver Assistance Systems) and electric vehicles. And both of TI’s main divisions sell semiconductors where embedded (on-chip) memory plays an increasingly important role. Given that flash memory doesn’t cost-effectively scale down below 28nm, ReRAM is the best solution.

Given that analog semiconductor typically don’t have much embedded memory on board, Embedded Processing is where the opportunity lies for Weebit Nano.

ReRAM to be integrated at TI’s “advanced nodes”

Weebit Nano announced that its IP will be used in TI’s advanced process  nodes. While there is no formal definition of advanced nodes in semiconductor manufacturing, advanced typically means <10 nanometers (nm), or even less than 7nm. However, TI’s most advanced processing node is 28nm planar CMOS used for high-end embedded System-on-a-Chip (SOC) applications, used primarily in Automotive. This is where we expect ReRAM to be initially incorporated.

However, TI sells more than 80,000 different types of chips, so there is every opportunity to integrate ReRAM in other applications and at other process nodes, i.e. 45nm and up.

TI deal may speed up other commercial discussions

We expect this license deal with TI may speed up commercial discussions Weebit Nano may be having with other analog IDM’s (Integrated Device Manufacturers), like Infineon, STMicroelectronics and Analog Devices. After all, Weebit Nano already signed the #5 analog semiconductor manufacturer onsemi early in 2025 and now the #1 analog company TI!

So, we believe investors should keep there eyes open for more IDM deals in the near term.

Officially starting to give guidance now

In a separate announcement, Weebit Nano also said that, following the license deal with TI, it will now start to give formal revenue guidance going forward. For FY26, the company expects a minimum of A$10m in revenues.

Our parent company Pitt Street Research estimated that onsemi, which was signed in January 2025, generated >$9m in cash flow from license fees in the first 9 months after signing (page 18). Given that TI is twice as big as onsemi, as measured by revenues, we would expect the initial license fees from TI to be higher than the fees received from onsemi.

How that plays out in terms of revenues depends on a number of things, including when certain milestones are reached and revenue recognition, but we wouldn’t be surprised if this $10m in guided revenues for FY26 ends up to be substantially higher at the end of June.

Pitt Street Research will updating its research and will also publish an interview with Weebit Nano CEO Coby Hanoch this week.

Disclosure: Pitt Street Research directors own WBT shares.