What's this semiconductor cycle like?
According to Rich Templeton, CEO of Texas Instruments, this semiconductor cycle is different to those of the years 2000 and 2008, because it's not widespread
As $TXN is diversified across markets, it has seen weakness in some segments but strong growth in others.
Rich Templeton also believes that the next bull run in semis will be driven by automotive and industrial due to growing semiconductor content. These two segments make up the majority of TI's revenue, with Mr. Templeton pointing out that it was planning (and not luck) what got the company here:
Been adding between $170 and $145, I keep putting in limit orders the past two weeks, but it just doesn’t move down with the market! I guess I should take a hint!