Texas Instruments Rides ‘Dull’ Products, Cash Returns to RecordBy
Chipmaker’s stock reached highest level in history last week
Texas Instruments teaches chip investors to value cash
At 86 years old, Texas Instruments Inc. doesn’t grow very much. It’s had just three annual sales increases in the past 10 years and analysts are predicting a decline again this year-- yet investors have bid its stock up to a record.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.