Sep 20, 2026 · 1 hr 18 min · 21 segments
The same calculator has been on most kids’ back to school shopping list since the early 2000s. And the dominance of Texas Instruments’ calculator division goes back even farther. David Pierce is…
David PierceHost
Nilay PatelGuest
And there's a thing we have to do here, which is I have to tell you a brief history of the calculator.

But the main thing I want you to take away from the beginning of this story and, frankly, this entire episode is calculators are computers.

And in so many ways, before the personal computer industry as we know it now, before kind of the mid-'70s, Intel and Apple and all these companies building the personal computer, building Silicon Valley as we know it, right before that – It was calculators.

There was a chip for calculators that was on the cover of Fortune magazine at one point.

You have this company, Texas Instruments, which I think is like, we don't talk about TI all that much in sort of current technology stories, but it turns out to be one of the most kind of historically important companies in tech, I think.

And this big thing that happened in the early 60s was this thing called the integrated circuit.

The integrated circuit is basically like we took a bunch of computing things and shoved them all together onto one chip, which makes it cheaper and easier and smaller.

Yeah, right? And TI is, again, very fascinating because it's one of those companies where the people who work there went on to start all the other most important companies in the world.

And there's a thing we have to do here, which is I have to tell you a brief history of the calculator.

But the main thing I want you to take away from the beginning of this story and, frankly, this entire episode is calculators are computers.

And in so many ways, before the personal computer industry as we know it now, before kind of the mid-'70s, Intel and Apple and all these companies building the personal computer, building Silicon Valley as we know it, right before that – It was calculators.

There was a chip for calculators that was on the cover of Fortune magazine at one point.

You have this company, Texas Instruments, which I think is like, we don't talk about TI all that much in sort of current technology stories, but it turns out to be one of the most kind of historically important companies in tech, I think.

And this big thing that happened in the early 60s was this thing called the integrated circuit.

The integrated circuit is basically like we took a bunch of computing things and shoved them all together onto one chip, which makes it cheaper and easier and smaller.

Yeah, right? And TI is, again, very fascinating because it's one of those companies where the people who work there went on to start all the other most important companies in the world.
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