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Texas Instruments reports Q1 revenue up 19% YoY to $4.83B, vs. $4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 10%+ after hours (Ian King/Bloomberg) from Techmeme RSS feed.
Texas Instruments reports Q1 revenue up 19% YoY to $4.83B, vs. $4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 10%+ after hours (Ian King/Bloomberg)
Ian King / Bloomberg:
Texas Instruments reports Q1 revenue up 19% YoY to $4.83B, vs. $4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 10%+ after hours — Texas Instruments Inc. shares surged in late trading after the chipmaker gave a surprisingly strong forecast, helped by booming spending on data centers and industrial equipment.