Texas Instruments Picked for Nasdaq-100 as First Solar Removed
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Texas Instruments Inc. was picked to replace First Solar Inc. in the Nasdaq-100 Index, four months after the chipmaker became the biggest company to switch its listing to the Nasdaq Stock Market from the New York Stock Exchange.
The world’s largest maker of analog semiconductors will join the index before the start of trading on April 23, Nasdaq OMX Group Inc. said in an April 13 statement. Texas Instruments, based in Dallas, has a market value of $36.8 billion, making it bigger than all but 17 of the 100 companies already in the index, data compiled by Bloomberg show.