Executive Chairman, Texas Instruments
Search every verified Richard Templeton interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Richard Templeton, executive chairman of Texas Instruments, has emphasized the company’s strategy of maintaining internal manufacturing as a competitive advantage, stating that during the COVID-19 pandemic, TI performed better than competitors that were highly outsourced. He noted that in the second quarter of 2020, TI planned to run its factories at levels similar to the first quarter, leading to an inventory increase to support customers with limited forecasting ability. Templeton also discussed capital allocation, advocating for disciplined stock buybacks and dividends, and said that research and development spending would remain unchanged due to its long-term, five-to-ten-year horizon. Templeton has spoken about the importance of U.S. semiconductor industry competitiveness, calling for long-term investment in research, access to skilled talent, and a competitive tax structure. He described the U.S. as needing to be an attractive destination for the world’s best minds and supported policies that encourage R&D and domestic manufacturing investment. On geopolitical tensions, he stated that TI would comply with all laws and rulings, and that companies that adapt best will cope with challenges accordingly. Templeton also reiterated his view that recessions present opportunities to extend competitive advantage through continued investment.
“Things that had work from home or remote learning drivers, you know, be it personal electronics, were stronger. Server slash cloud stronger to handle capacity. Automotive because you had North American, European plants taken down in late March and really just starting to come back up in June. And then within the indust...”
“I think in general and you know I think you've monitored and watched this, I think as you went through the July earnings calls, I think things were reasonably logical. My general guess over a four or five year period is that you're actually going to see secular trends accelerate. And so I think of things like electrifi...”
“When you've got your manufacturing internal and you run your manufacturing at world-class competitive levels, you end up with a cost advantage and you end up with better control of your supply chains. And so you know to me that is the only way when you operate, you know, a 10 billion plus semiconductor company. We're d...”
“You know, I think the things that can be best done on that are making sure you're investing in the long-term research and making sure that we have access to great people and then finally make sure you've got, you know, competitive tax structure so you can run manufacturing in the U.S. And you know we've made progress o...”
“You know, you've heard me for a number of years when you're buying things where the purchase price, you know, or the free cash flow yield on purchase price is three percent, you know, I know as an operator how to get, you know, four or five percentage points on top of that, but you're just not doing your owners over th...”
“We will act like owners who will own the company for decades. We will adapt and succeed in the world that is ever-changing. And we will be a company that we are personally proud to be a part of and would be proud to have as a neighbor.”
“We are not trying to predict this economic recession and recovery but instead we want to ensure that we have the highest degree of optionality so that we can deal successfully with any outcome.”
“We will be running our factories in the second quarter and approximately the same level with ran them in first quarter of 2020. Inventory will likely grow during the second quarter while distributor on inventory will likely drain.”
“Our objective when it comes to cash return is to return all free cash flow to the owners of the company. We do that through buybacks and dividends.”
“I think the secular trends we've seen with semiconductors and more semiconductors coming into people's lives are going to continue. I don't think from that point there'll be a big structural change.”
“The U.S. must be an attractive destination for the world's best minds — to complete their education at our top‑rated universities, to join our companies or to pursue their dream of starting their own companies.”
“We've also introduced a competitive corporate tax policy that encourages R&D investment as well as manufacturing investment in the United States versus elsewhere.”
“Great companies build great communities and great communities build great companies. You need to invest in the communities you're in and they in turn help build you stronger.”
“The most important thing in our business is not to be afraid to change; we were powering half the cell phones in the world and that wasn't going to end well, so don't sit around and wait for the movie to end—inject change and get your people moving in a new direction.”
“Don't be a victim — be somebody that's attacking and take advantage of it; people who take control and deliver products that help companies compete usually have very, very successful careers.”
Richard K. Templeton, Chairman, President and CEO, Texas Instruments.
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Rich Templeton has some inspiring words for engineers. Patrick Mannion of EE Times interviewed him directly after his keynote at ESC Silicon Valley on April 28, 2010.
Richard Templeton, CEO of Texas Instruments, will address the Embedded Systems Conference on Wednesday, April 28 9:30am - 10:30am.
Watch Rich Templeton, Chairman, President, and CEO of Texas Instruments tell his success story and explain why he supports Junior Achievement in their mission to educate our next generation leaders. Transcription: CEO is a great job at TI because I get to work with literally the smartest people in the world. You literally see magic getting created on a daily basis in terms of what they do, the products they create, the problems they're solving, so I'm as excited today as I was 35 years ago when I first got here. We had a large family, had 5 boys in the family. I grew up in upstate New York,…
"My mom and dad were tremendous....in terms in just the tone they set in the importance of work and the importance of education.
CEO of Texas Instruments - Rich Templeton Thursday, September 25 2015 McCombs VIP Speaker Series Hosted by UBC.
The Sept. 4 VIP Distinguished Speaker Series with Richard Templeton, Chairman, President and CEO of Texas Instruments. The VIP Distinguished Speaker Series is the Dean’s official lecture series at the McCombs School of Business.
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