how it works · a worked example

One filing, one reason, and the quarter that tested it.

This is the whole method on one page, on a real company. Where a reason came from, which sentence it rests on, and exactly what the next filing did to it — with both quotations checked against the documents they came from, live, when you loaded this page.

one · the reason

Texas Instruments is held for 4 reasons. This is one of them, filed under cost advantage, derived 21 aug 2026.

TI states that 300mm wafer production 'costs about 40% less than a chip built on a 200mm wafer'

this is Teniq’s wording of what the filing showed — not the filing’s own

two · what the earlier filing said
We are nearing the end of a six-year elevated capital expenditures cycle that, when completed, will uniquely position TI
Texas Instruments · 10-Q filed 24 apr 20260000097476-26-000101found in this document
three · what the next filing said
These investments have uniquely positioned TI to deliver dependable, low-cost 300mm capacity
Texas Instruments · 10-Q filed 24 jul 20260000097476-26-000152found in this document
four · what we concluded, and what we did not

The disclosure changed from stating the 300mm capacity investments 'will uniquely position' TI in the future to stating they 'have uniquely positioned' TI, indicating the investment phase is now characterized as complete.

the reason now reads · strengthening · the filing strengthens

That is the whole of it. No price moved in this account, no target was set, and nothing was recommended. Two sentences from two documents, the difference between them, and what that difference did to one reason for owning the company.