Texas Instruments Posts Strongest Monthly Gain Since 2000
TXN•Texas Instruments recorded its best monthly gain since 2000 as chip stocks surged, contributing to a 15% Nasdaq rally and a 20% jump in the XLK tech ETF during April. Broad chip-sector strength drove parallels to the dot-com bubble, with Intel up 110% and AMD its strongest month since 2001.
1. April Chip Rally Lifts Texas Instruments
Shares of Texas Instruments surged in April, marking their strongest monthly advance since 2000 as the Nasdaq rose 15% and the XLK tech ETF jumped 20%. This rally placed TXN among top-performing chip names driving large-cap tech indexes to multi-year highs.
2. Sector Drivers Mirror Dot-Com Bubble Impact
Widespread strength in semiconductor names propelled the move, with Intel posting a record 110% gain and AMD its best month since January 2001. The rapid advances across Texas Instruments and peers echoed valuation spikes last seen during the dot-com era.
