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With a market cap of $166.1 billion, Texas Instruments Incorporated (TXN) is a leading original equipment manufacturer specializing in analog, mixed-signal, and digital signal processing (DSP) integrated circuits. With global manufacturing and design facilities, the company serves diverse end-markets including industrial, automotive, personal electronics, and communications.
Shares of the Dallas, Texas-based company have underperformed the broader market over the past 52 weeks. TXN stock has risen 2.3% over this time frame, while the broader S&P 500 Index ($SPX) has increased 21.5%. In addition, shares of Texas Instruments are down 1.1% on a YTD basis, compared to SPX's 7.1% gain.