TXN

It is Texas Instruments, the long-established chipmaker, ticker symbol TXN, in which Cohen bought shares worth more than $340 million during the last quarter.

Looking at the price chart here, we can see that the stock saw a significant rise at the beginning of the year. But it actually dropped a little. Sorry, I lost the screenshots, but yes, the stock has lost about a quarter of its value since that peak.

Its performance has remained almost unchanged over the past five years, which is not considered good performance in our modern technology market, especially for a chip company's stock, is it?

Some of these stocks were experiencing a significant rise.

Now Rachel, I actually want to jump into stock number two before sending in your way for stock number three. And it has to be a semiconductor player, right? This is it can't be an episode without Jose without talking about a chip stock.

And we're going to talk about Texas Instrument. And while Texas Instrument isn't a a pure play in autonomous driving, it is kind of like that picks and shovel angle with this one.

Then you've got Texas Instruments. Texas Instruments, that's a boring stock, Chris. I know it's up 5% this week. Up 5% this week. Let's take a look at it.

Texas Instruments put on a sell signal and has been on a sell signal for a long long long time. Now, remember that sell signal came in place before we saw the future. So, it would have got you out of the way before this big nasty ugly sell-off.

Texas Instruments will be the latest semiconductor company to implement price increases. Already business is booming and the management team reported 23% growth in revenue up to 5.5 billion in its most recently completed quarter.

Profit margins increased by 300 basis points up to 61% on the gross margin line.

Now we have Texas Instruments, who in a lot of ways is pretty much the complete opposite of Broadcom. Not necessarily from a business perspective, but from a performance perspective.

Over the last 5 years or so, the stock is only up about 38%. And you can see from late 2021, really till early 2026, the price performance was extremely choppy. It was very volatile and ultimately went nowhere.

And then all of a sudden, the stock price surged from around $150, $160 a share and peaked at $332 a share in the summer of 2026. Now, in the last few months alone, we've seen a little bit of a pullback from those peaks, but the stock is still up 46.8% this year.