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With a market cap of $149.7 billion, Texas Instruments Incorporated (TXN) is a global semiconductor company, specializing in analog and embedded processing products. With a strong manufacturing and design presence across North America, Asia, and Europe, it serves a broad range of markets including industrial, automotive, and personal electronics.
Shares of the Dallas, Texas-based company have underperformed the broader market over the past 52 weeks. TXN stock has decreased 9.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 8.6%. Moreover, shares of Texas Instruments are down 12.1% on a YTD basis, compared to SPX's 4.3% decline.
