Dividend Stock Portfolio For Income: 12 Stocks to Buy Now

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9. Texas Instruments Incorporated (NASDAQ:TXN)

Number of Hedge Fund Holders: 68

Texas Instruments Incorporated (NASDAQ:TXN) is a long-standing player in the semiconductor space, specializing in analog and embedded chips. While it isn’t positioned as a pure artificial intelligence (AI) company, its broad and diverse operations give it an edge. The firm is well-placed to capitalize on the rise of edge AI, where computing and AI functions happen directly on devices rather than being processed in the cloud.

Its Analog division, the biggest revenue driver, supplies chips that regulate power and convert real-world inputs like sound, temperature, and pressure into usable signals. Meanwhile, the Embedded Processing unit offers microcontrollers and processors that act as the “brains” behind many electronic devices. With a vast catalog of products and a customer base exceeding 100,000, Texas Instruments Incorporated (NASDAQ:TXN) enjoys a stable and diversified revenue stream, making it less reliant on any single client or industry.

In addition, Texas Instruments Incorporated (NASDAQ:TXN) is a solid dividend company with 21 consecutive years of dividend growth. The company offers a quarterly dividend of $1.36 per share and has a dividend yield of 3.01%, as recorded on September 18.

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