Picture of Texas Instruments logo

TXN — Texas Instruments News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyBalancedLarge CapHigh Flyer

Texas Instruments forecasts quarterly revenue above estimates

Texas Instruments forecasts quarterly revenue above estimates

- 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)

((Anhata.Rooprai@thomsonreuters.com))

Recent news on Texas Instruments

See all news