Texas Instruments Leaving NYSE for NASDAQ (TXN, INTC, MSFT, AAPL, GOOG)

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By Paul Ausick Published
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The NASDAQ has always been considering the heavyweight exchange for technology listing, and it just put on more weight today with an announcement from Texas Instruments Inc. (NYSE: TXN) that the chipmaker would move its stock listing to NASDAQ on January 1st. TI will join other tech biggies like Intel Corp. (NASDAQ: INTC), Microsoft Corp. (NASDAQ: MSFT), Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) on the exchange.

TI will maintain its ‘TXN’ ticker after the switch to Nasdaq’s Global Select Market.

In the announcement, TI’s head of investor relations said:

This move will enhance our public visibility while offering our shareholders cost-effective access to advanced trading technologies.

Saving money and better technology are always good reasons to make a change. In this case, though, the principal change is now Nasdaq will get to brag a little more about stealing a listing from the Nyse. Look for a retaliatory move soon.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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