Texas Instruments: Strong Franchise, Slow Recovery (NASDAQ:TXN)

Group 1 - Texas Instruments Incorporated (NASDAQ: TXN) has experienced an 8.3% decline since July 24, underperforming the S&P 500 during the same period [1] - The analyst's previous thesis focused on the semiconductor sector, emphasizing the importance of investing in companies within oligopolistic markets with high barriers to entry [1] - The analyst has a background in mechanical engineering and has shifted from the oil and gas sector to focus on global equities, particularly in semiconductors, robotics, and energy [1] Group 2 - The investment approach highlighted is centered on growth at a reasonable price, with a mid- to long-term investment horizon [1] - The analyst has no current positions in any of the companies mentioned and does not plan to initiate any positions within the next 72 hours [1]