Texas Instruments designs and manufactures semiconductors, specializing in analog and embedded processing products for global electronics markets.
Texas Instruments Incorporated (TI) designs and manufactures semiconductors that are sold globally to electronics designers and manufacturers. Established in 1930 and headquartered in Dallas, Texas, TI operates with a focus on creating affordable electronics through its broad portfolio of products within two reportable segments: Analog and Embedded Processing, alongside some other minor categories. With a revenue of $17.52 billion generated in 2023, TI is a prominent player in the industry, having evolved from the transition from vacuum tubes to transistors and integrated circuits, continuously contributing to the advancement of semiconductors used in various applications, notably in the industrial and automotive markets.
The company's business model emphasizes four distinct competitive advantages: a strong foundation of manufacturing and technology, a diverse product portfolio, extensive market reach, and enduring customer relationships. In addition to its strategic focus on analog and embedded processing products, TI is committed to disciplined capital allocation and operational efficiency, which aims to maximize long-term free cash flow per share growth. By continually reinvesting in its core strengths and enhancing customer relationships through innovative sales channels, TI aims to sustain its competitive edge in the fragmented semiconductor marketplace.