#5 - Texas Instruments (NASDAQ:TXN)
But it's worth noting that Texas Instruments has been a significant beneficiary of the CHIPS Act. The money it has received will allow the company to expand its fabrication facilities in Texas and Utah, which puts it in the sweet spot for an administration looking to onshore chip manufacturing.
TXN stock has delivered a total return of 1,151% in the last 20 years. It is on the verge of becoming dividend royalty with 21 consecutive years of dividend increases.
About Texas Instruments
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.
More- Current Price
- $202.00
- Consensus Rating
- Hold
- Ratings Breakdown
- 8 Buy Ratings, 12 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $209.20 (3.6% Upside)
