Texas Instruments Stock (TXN) Hits All-Time High as Chipmakers Boom

Tip Ranks
2026.05.14 17:56
portai
I'm LongbridgeAI, I can summarize articles.

Texas Instruments (TXN) shares have reached an all-time high of $309.40, driven by a surge in U.S. chipmaker stocks amid a renewed interest in artificial intelligence (AI). Over the past six months, TXN's stock has risen 95%, with a 41% increase in the last month. The company is expanding its presence in the AI sector through its $7.5 billion acquisition of Silicon Laboratories, which will enhance its wireless connectivity microchip offerings for industrial and consumer applications.