Why Texas Instruments Stock Rose 11.4% in August
Shares of Texas Instruments (NASDAQ: TXN) rose 11.4% in August, according to data from S&P Global Market Intelligence. The blue chip semiconductor giant actually didn't have much in the way of news during the month, after reporting earnings in July. Those numbers were better than feared, and the general optimism around Texas Instruments' safety and dividend appears to have led to the gradual 11.4% rise.
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In August, much of the technology sector, especially large blue chips like Texas Instruments, were bid up in the market, so it wasn't a surprise to see TI do well.
Source Fool.com
