Texas Instruments to Move Stock Listing to Nasdaq From NYSE

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Texas Instruments Inc. is transferring its listing to the Nasdaq Stock Market from the New York Stock Exchange, becoming the biggest company ever to make the move.

The second-largest U.S. chipmaker will start trading on Nasdaq OMX Group Inc.’s venue on Jan. 3, keeping its TXN symbol, the Dallas-based company said today in a statement. Texas Instruments, developer of the first commercial silicon transistor in the 1950s, first listed its stock at the NYSE Euronext market almost six decades ago, according to the company’s website.