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Because a firm named General Instrument already existed, the company was renamed Texas Instruments that same year. From 1956 to 1961, Fred Agnich of Dallas, later a Republican member of the Texas House of Representatives, was the Texas Instruments president. Geophysical Service, Inc. became a subsidiary of Texas Instruments.
In 1951, the Geophysical Service changed its name to Texas Instruments; GSI becoming a wholly owned subsidiary of the new company. Jonsson became president of Texas Instruments, a position he held until 1958. Jonsson was elected chairman of the board in 1958 and held this position until 1966. He became honorary chairman in 1966 through 1977. [1]
In January 2023, Texas Instruments announced Templeton will step down on April 1, to be replaced by its chief operating officer Haviv Ilan. Templeton will remain as chairman of the board. Under his leadership since May 2004, Texas Instruments stock grew 581%, outperforming the VanEck Semiconductor ETF Index , which has risen 549%.
The company's shares fell as much as 2.5 percent in after-market trading even as Texas Instruments reported second-quarter earnings and sales that beat estimates.
During his 25-year career (1958–1983) at Texas Instruments, he rose up in the ranks to become the group vice president responsible for TI's worldwide semiconductor business. [14] In the late 1970s, when TI's focus turned to calculators, digital watches and home computers, Chang felt like his career focused on semiconductors was at a dead end ...
Jerry Ray Junkins (December 9, 1937 – May 29, 1996) was a U.S. electronics businessman who served as the president, chairman, and CEO of Texas Instruments, Incorporated from 1988 until his death in Germany, during a business trip. Junkins was born in Fort Madison, Iowa. He was the salutatorian of his high school class of 25 students in ...
Texas Instruments forecast first-quarter profit below analysts' estimates on Thursday, as the analog chipmaker grapples with an inventory buildup in its key automotive and industrial markets.
In 1951 GSI spun off Texas Instruments Incorporated (TI) to pursue the manufacture of a broader range of electronics equipment and instruments, while GSI, now as a wholly owned subsidiary of TI, continued to focus solely on oil exploration services. [6] Green was vice president (1941–1951), president (1951–1955) and chairman of GSI (1955 ...