Texas Instruments Inc. (NASDAQ: TXN) is an example of why not all chipmakers are the same in this artificial intelligence (AI) supercycle. NVIDIA Corp. (NASDAQ: NVDA) headlines the sector due to its explosive AI-driven growth. But Texas Instruments operates in a different lane of the technology sector. However, this could reward investors with the patience to get through the stock’s recent downturn.
In the trailing twelve-month period, NVIDIA has delivered year-over-year (YOY) revenue growth of 71% compared to just 2% for Texas Instruments. There’s a reason for that. NVIDIA is the go-to source for graphics processing units (GPUs) needed for data centers.
