Pros
Great place to start a career in the semiconductor industry after college since you will get a variety of experiences and learning opportunities within the first couple of years. TI is one of the better semiconductor companies in the industry right now and with all of the merger's and acquisitions that can be a good thing.
Cons
TI is very much a Texas based company, so working for TI in Dallas, TX (HQ) is awesome, however if you're like me working in one of the many regional sales offices, in this case Silicon Valley, CA, then it can be troublesome with regards to compensation. The SF Bay tech culture is unique and most valley companies here offer a certain level of pay and amenities that TI doesn't. The pay when you get sent here from Texas is adjusted but not nearly enough, your quality of life will suffer.