Texas Instruments is a multinational semiconductor company based in Texas, USA, renowned for developing, manufacturing, and selling semiconductor and computer technology. It primarily engages in research, manufacturing, and sales of innovative digital signal processing and analog circuits. In addition to the semiconductor business, we also provide solutions including sensing and control, educational products, and digital light source processing. Texas Instruments is headquartered in Dallas, Texas, and has manufacturing, design, or sales facilities in over 25 countries. Texas Instruments is the world's largest manufacturer of digital signal processors (DSPs) and analog circuit components, with its analog and digital signal processing technology dominating the globe. After continuously acquiring the manufacturing division of Feisuo Semiconductor and Chengdu Chengxin Semiconductor, Texas Instruments acquired National Semiconductor for $6.5 billion in 2011, further strengthening its position as a giant in analog semiconductors.
On December 7, 2022, Texas Instruments announced that its new 12 inch wafer fab, LFAB, located in Lihai, Utah, has begun production of analog and embedded products. On January 19, 2023, local time in the United States, Texas Instruments (NASDAQ: TXN) announced that Rich Templeton, who had led the company for nearly 19 years, would step down as President and CEO. The current COO, Haviv Ilan, will take over the aforementioned positions, effective April 1. However, Templeton will continue to serve as the company's chairman.