Dec 12, 2019 / 06:30PM GMT
Blayne Peter Curtis - Barclays Bank PLC, Research Division - Director & Senior Research Analyst
All right. We'll go ahead and get started. I'm Blayne Curtis, semiconductor analyst. Next up, Texas Instruments. You all know Dave Pahl from Investor Relations. Welcome.
Dave Pahl - Texas Instruments Incorporated - Head of IR & VP
Thank you.
Questions and Answers:
Blayne Peter Curtis - Barclays Bank PLC, Research Division - Director & Senior Research AnalystSo if maybe I just start it off. I mean, obviously, the entire industry has gone through a cycle here. You always have the best [there]. You've been doing it a long time. You have a very broad business. So I would ask you to kind of weigh in. And I'm sure you'll put the appropriate caveats.
You guys have talked about cyclical downturns and how long they last. And maybe just walk through your current thoughts. And you're starting to see some companies say, "Hey, maybe it is a little bit stable." I think no one's overly enthusiastic, but I