Moody's Ratings affirms Texas Instruments' Aa3 senior unsecured ratings and P-1 short term rating; outlook remains stable
Moody's Ratings (Moody's) affirmed Texas Instruments, Incorporated's (TI) Aa3 senior unsecured ratings and P-1 commercial paper rating. The outlook remains stable. The affirmation reflects expectations that TI's performance and credit profile will gradually improve from the current weak levels dri...Texas Instruments designs and makes semiconductors that it sells to electronics designers and manufacturers. The company has two reportable segments: Analog and Embedded Processing. The company's analog semiconductors change signals, such as sound, temperature, pressure or images to a stream of digital data. The company's analog segment primary product lines includes: power, signal chain, and high volume. The company's embedded processors are designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application. The company's embedded processing segment primary product lines includes: connected microcontrollers and processors.
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