Mar 09, 2022 / 05:45PM GMT
Joseph Lawrence Moore - Morgan Stanley, Research Division - Executive Director
Good morning, everyone. I'm Joe Moore. Very honored to have with us today the CEO of Texas Instruments, Rich Templeton. Rich?
Richard K. Templeton - Texas Instruments Incorporated - Chairman, President & CEO
Good morning.
Questions and Answers:
Joseph Lawrence Moore - Morgan Stanley, Research Division - Executive DirectorSo we'll just go straight into Q&A. I wonder if you could kind of start, obviously, a pretty unusual industry environment. We're a couple of years into a period of fairly severe shortages. Can you just talk about that from TI's perspective? And you guys, to some degree, I think during the downturn and are always thinking about what the next upturn is like and during the upturn looking a little further ahead than most, you anticipated some of this built a fair amount of inventory.
We're ready for it, and you still kind of gotten to the point where TI stuff's pretty tight. So maybe just kind of talk
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