Do we like Texas Instruments?
Makes analog and embedded-processing chips used in cars, factories and electronics; based in Dallas, Texas.
Our score: 7 out of 10. A steady, long-running chip maker with a clean recent record and big US factory plans. We'd back it, but the evidence we found is thin on workers and tax.
Texas Instruments is a Dallas chip maker that sells analog and embedded-processing chips. Its chips go into all sorts of products. Haviv Ilan has been CEO since 2023 and was made chairman from January 2026, taking over from Rich Templeton, who retired after 45 years with the company.
In December 2024 the US Commerce Department granted TI up to $1.6 billion in direct CHIPS Act funding. The money is for new 300mm fabs in Sherman, Texas, and Lehi, Utah, and it is paid out as project milestones are met.
On the green side, TI set targets in 2024 for 100% renewable electricity in the US by 2027 and worldwide by 2030. The CHIPS award also comes with commitments to cut emissions and to reuse water at the new fabs.
The legal trouble we found is old and mostly patent fights. In 2014 a Texas jury found TI liable for $3 million over an Ethernet patent, and in 2006 it received a $70 million payment from Conexant in a settlement. We found nothing recent, so we give it a solid 7.