By Micah Maidenberg
Texas Instruments Inc. said Thursday it will boosts its dividend to $1.02 a share, a 13% increase.
The chipmaker's Chief Executive Richard Templeton said earlier this month that a range of companies are going to rely more in the future on semiconductors, despite the Covd-19 pandemic.
"They've got to make their equipment better and more differentiated and more unique, and those newer products get higher priority in terms of their products," he said at an investor event.
Write to Micah Maidenberg at firstname.lastname@example.org