Why Did Texas Instruments Stock Jump 12% in November?

Why Did Texas Instruments Stock Jump 12% in November?

Shares of Texas Instruments (NASDAQ: TXN) climbed 12.3% last month, according to data provided by S&P Global Market Intelligence, due to positive news that lifted the entire semiconductor industry. Taiwan Semiconductor (NYSE: TSN) manufactures microchips for many of the largest companies in the industry, so its results are considered a bellwether. On Nov. 10, Taiwan Semiconductor released a better-than-expected monthly sales result, which lifted stocks across the industry.