Salem Radio Network News Saturday, July 31, 2021

Business

Texas Instruments quarterly revenue beats estimates

(Reuters) – Texas Instruments Inc beat Wall Street expectations for second-quarter revenue on Wednesday, driven by strong demand for its chips from industrial and automotive markets.

Total revenue rose to $4.58 billion from $3.24 billion last year. Analysts on average were expecting $4.35 billion, according to IBES data from Refinitiv.

(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)

Previous
Next

Editorial Cartoons

View More »

Michael Ramirez
Tue, Jul 20, 2021

X CLOSE