13 Top Tech Stocks Paying Consistent Dividends

7. Texas Instruments Incorporated (NASDAQ:TXN)

Number of Hedge Fund Holders: 72

Texas Instruments Incorporated (NASDAQ:TXN) is among the best tech stocks to invest in.

On December 16, BofA analyst Vivek Arya raised the firm’s price target on Texas Instruments Incorporated (NASDAQ:TXN) to $185 from $175, while maintaining an Underperform rating on the stock. The update reflects a broader refresh of price targets across BofA’s US semiconductor coverage. The firm views 2026 as the midpoint of an eight- to ten-year cycle focused on upgrading traditional IT infrastructure to support faster, AI-driven workloads.

Near-term trading may remain volatile as investors scrutinize AI returns and hyperscaler cash flows. BofA believes this uncertainty could be partially offset by continued momentum from large language model developers and the buildout of AI-focused manufacturing capacity.

In other news, on December 17, Texas Instruments Incorporated (NASDAQ:TXN) announced the start of production at its newest 300mm semiconductor fabrication facility in Sherman, roughly 50 miles north of Dallas. The plant is part of a long-term investment plan totaling about $40 billion, first outlined three years ago.

The facility, known as SM1, will ramp production in line with customer demand. At full scale, it is expected to produce “tens of millions of chips daily that go into nearly every electronic device,” including smartphones, automotive systems, medical devices, industrial equipment, smart home products, and data centers.

The production launch comes amid a broader expansion in artificial intelligence, semiconductor manufacturing, and data center construction, with increasing activity centered in North Texas.

Texas Instruments Incorporated (NASDAQ:TXN) designs, manufactures, and sells semiconductors, with a core focus on analog and embedded processors.