Texas Instruments (NASDAQ: TXN) is often considered a safe long-term investment for conservative investors. Instead of developing expensive cutting-edge chips, TI only produces cheaper (albeit essential) analog and embedded chips for the automotive, industrial, personal electronics, communications infrastructure, and enterprise hardware markets. Pumping out large quantities of those cheaper chips enabled TI to generate plenty of cash for big buybacks and dividends.
Intel's (NASDAQ: INTC) stock dropped 6% on Jan. 27 in response to its dismal fourth-quarter earnings report. For the full year, Intel's adjusted revenue and earnings fell 16% and 65%, respectively, as it grappled with the post-pandemic slowdown of the PC market, stiff competition from AMD (NASDAQ: AMD), and macro headwinds across the data center market. Intel clearly faces tough near-term headwinds, but its stock has already slumped to its lowest levels in nearly six years.
ASML Holding (NASDAQ: ASML) posted its fourth-quarter earnings report on Jan. 25. For the full year, ASML's revenue grew 14% to 21.17 billion euros ($23.02 billion), but its earnings per share dipped 2% as inflation and higher supply chain costs squeezed its gross margins. How fast has ASML been growing?