INTC vs TXN: Correlation
Measured on weekly returns over the past three years, Intel (INTC) and Texas Instruments (TXN) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTC and TXN?
Across a 3-year window, the weekly returns of INTC and TXN correlate at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Stretching to 5 years gives 0.50, with an annualized covariance of 1090.5 %².
By 3-year correlation, TXN places #19 of the 37 assets tracked against INTC. Correlation aside, the last 12 months split them widely, with INTC ahead by 237.5 points (+270.6% versus +33.1%). The rolling one-year correlation stayed in a tight band between 0.37 and 0.58 over the past three years, which points to a structural rather than episodic relationship. One caveat on sizing: INTC is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
INTC vs TXN: side by side
| INTC (Intel) | TXN (Texas Instruments) | |
|---|---|---|
| 1-year return | +270.6% | +33.1% |
| 5-year return | +85.4% | +60.4% |
| Volatility (ann.) | 63.0% | 34.3% |
| Beta vs S&P 500 | 2.01 | 1.28 |
| Max drawdown (3Y) | -63.8% | -33.4% |
| Market cap | $486.8B | $243.4B |
| P/E (trailing) | – | 40.6 |
| Dividend yield | 0.00% | 2.15% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | INTC | TXN |
|---|---|---|
| 2022 | -46.6% | -9.9% |
| 2023 | +94.6% | +6.4% |
| 2024 | -59.6% | +13.1% |
| 2025 | +84.0% | -4.5% |
| 2026 | +149.6% | +56.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTC and TXN good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between INTC and TXN?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.51 over the last year and 0.50 over 5 years.
Is TXN a good diversifier for INTC?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/intc-vs-txn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/intc-vs-txn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INTC correlations · TXN correlations
