Texas Instruments Incorporated (NASDAQ: TXN) is a top low volatility large cap stock to invest in, with a Buy rating and $235.00 price target from Citi analyst Christopher Danely. The company recently opened a new assembly and test factory in Melaka, Malaysia, investing up to MYR 5 billion and creating up to 500 local jobs.

The new six-level factory in Melaka spans over 900,000 square feet and is connected to an existing facility, totaling over 1.4 million square feet for chip manufacturing. Texas Instruments Incorporated plans to bring 90% of its assembly and test operations internal by 2030, aligning with its strategy to control and own its supply chain.

As a semiconductor design and manufacturing company, Texas Instruments Incorporated operates in segments like Analog and Embedded Processing. While TXN is a solid investment, there are AI stocks with greater potential and less downside risk. For insights on undervalued AI stocks, check out the report on the best short-term AI stock.

Read more at Yahoo Finance: Citi Maintains a Buy on Texas Instruments Incorporated (TXN)