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✉news TechnologySemiconductors first seen 2 d ago, last 1 d ago, peak #24

Texas Instruments quarterly sales top analyst estimates

Original: Analog chipmaker Texas Instruments sees quarterly sales above estimates

Texas Instruments reported quarterly revenue that came in above analyst estimates, according to Reuters. The Dallas-based analog chipmaker, whose components are used across automotive and industrial products, has been watched closely as a bellwether for the broader semiconductor cycle. Investors are weighing whether the beat signals a recovery in demand for analog chips after a prolonged downturn.

Why now: The results are being read as a signal of recovery in the analog chip market after a slump.

Texas InstrumentsReuters

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