Shares of Texas Instruments Incorporated (TXN) Rise to a New 52-Week High

IBN Spotlights
Thursday, October 21, 2021 at 4:31pm UTC

Texas Instruments Incorporated (NASDAQ:TXN) traded today at a new 52-week high of $201.57. So far today approximately 766,000 shares have been exchanged, as compared to an average 30-day volume of 3.4 million shares.

Dallas-based Texas Instruments generates about 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world’s largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in digital signal processors, used in wireless communications, and microcontrollers used in a wide variety of electronics applications.

In the past 52 weeks, Texas Instruments Incorporated share prices are bracketed by a low of $141.33 and a high of $201.57 and is now at $199.53, 41% above that low price.

Based on a current price of $199.53, Texas Instruments Incorporated is currently 16.8% above its average consensus analyst price target of $165.97.

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