Texas Instruments Stock Benefits From Higher Chip Sales Hopes—Key Levels to Monitor

Key TakeawaysTexas Instrument's stock jumped 4% on Friday after analysts at UBS upgraded the stock amid expectations of improving chip sales.A recent survey of chip customers and distributors showed half of respondents expect lead times to rise over the first half of 2024.The Texas Instruments share price has broken above a flag pattern, indicating a continuation of the current trend. Texas Instruments Incorporated Source: TradingView.com.Shares in analogue semiconductor maker Texas Instruments (TXN) jum ...