Texas Instruments (TXN) stock has reached an all-time high of $228.87, with a current trading price of $226.71 and a market capitalization exceeding $207 billion. This surge reflects strong investor confidence due to increased demand across various sectors, resulting in a 27.14% 1-year return and 28.17% year-to-date gains. Despite its strong momentum, the stock appears somewhat overvalued with a P/E ratio of 40.38 and is trading above its InvestingPro Fair Value estimate.
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Texas Instruments stock hits all-time high at $228.87 By Investing.com
Texas Instruments (TXN) stock has reached an all-time high of $228.87, with a current trading price of $226.71 and a market capitalization exceeding $207 billion. This surge reflects strong investor confidence due to increased demand across various sectors, resulting in a 27.14% 1-year return and 28.17% year-to-date gains. Despite its strong momentum, the stock appears somewhat overvalued with a P/E ratio of 40.38 and is trading above its InvestingPro Fair Value estimate.