Texas Instruments (TXN) plans to sell $1B worth of senior notes. The chipmaker, which has plenty...

|About: Texas Instruments Inc. (TXN)|By:, SA News Editor

Texas Instruments (TXN) plans to sell $1B worth of senior notes. The chipmaker, which has plenty of cash and investments on its balance sheet, says it could use the proceeds for a stock buyback. If that's the case, TI would be the latest in a line of tech companies to take advantage of low bond yields to repurchase shares (I, II).