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Texas Instruments Incorporated (TXN), headquartered in Dallas, Texas, is a global semiconductor company that designs, manufactures, tests, and sells analog and embedded processing chips for industrial, automotive, personal electronics, communications equipment, and enterprise systems. Valued at $181.35 billion by market cap, TXN has manufacturing and design facilities, including wafer fabrication and assembly/test operations in North America, Asia, and Europe.
Shares of TXN, the world’s largest analog chipmaker, have underperformed the broader market over the past year. TXN has gained 19.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.9%. However, in 2024, TXN stock is up 16.9%, surpassing SPX’s 11.2% rise on a YTD basis.