Texas Instruments
Makes chips that control things like cars, home appliances and calculators.
📖 Its story
In 1930, a company was born in Texas that searched for oil using sound waves. Over time it started making electronic devices, and in 1951 it changed its name to Texas Instruments. In 1958, one of its engineers, Jack Kilby, invented the integrated circuit.
💵 How it makes money
It sells millions of simple, tough chips to factories that make cars, machines and devices.
🤯 Fun fact
Jack Kilby, an engineer at Texas Instruments, invented the integrated circuit in 1958, and the company also created the pocket calculator.
👍 The good part
Its chips are in lots and lots of devices we use every day.
⚠️ The risk
When factories make fewer cars and devices, they buy fewer chips.
🧠 Did you get it?
What did Jack Kilby invent at Texas Instruments in 1958?
🗂️ Quick facts
- Founded in: 1930
- Founded by: J. Clarence Karcher and Eugene McDermott
- Home: Dallas, Texas, USA
🔎 How to find it on the stock market
- Search the internet for TXN stock.
- You can also find it in your parents' investing app with the letters TXN.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Texas Instruments. Ask your mom or dad to join the list.
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