Texas Instruments forecasts quarterly revenue above estimates
Texas Instruments forecasts quarterly revenue above estimates July 22 (Reuters) - Texas Instruments TXN.O forecast quarterly revenue above analysts' estimate on Wednesday, signaling a recovery in industrial chip demand and growing momentum for its AI data center chips.
The analog chipmaker expects third-quarter revenue to be between $5.65 billion to $6.15 billion, compared with analysts' average estimate of $5.61 billion, according to data compiled by LSEG.
(Reporting by Anhata Rooprai in Bengaluru; Editing by Shilpi Majumdar)
Recent news on Texas Instruments
See all newsTexas Instruments Incorporated reports results for the quarter ended September 30 - Earnings Summary
Texas Instruments Incorporated reports results for the quarter ended September 30 - Earnings Summary
Brief: Texas Instruments CEO - In Q3, Data Center Was Up About 95% YoY And Grew About 20% Sequentially - Conf Call
Analog chipmaker Texas Instruments sees quarterly sales above estimates
Texas Instruments Q3 revenue beats on growth in industrial, automotive, data center markets