Chipmaker Texas Instruments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chipmaker Texas Instruments (TXN) late Tuesday beat Wall Street's targets for the first quarter and guided above views for sales and in line for earnings for…

Chipmaker Texas Instruments (TXN) late Tuesday beat Wall Street's targets for the first quarter and guided above views for sales and in line for earnings for…

(Reuters) - Chipmaker Texas Instruments forecast second-quarter revenue above Wall Street estimates on Tuesday, as consumer electronics demand improved after months of declines, more than offsetting the impact from chip inventory corrections in the...

TI's projection fans concerns the automotive chip industry may also face a downturn after managing to remain on the sidelines of the supply glut crisis faced by other markets. Peer Mobileye also forecast preliminary 2024 revenue below estimates, with a pullback in orders from its customers clearing excess inventory. Summit Insights analyst Kinngai Chan pinned supply chain corrections in the automotive segment to weaker demand for electric vehicles and the United Auto Workers strikes at major automakers.

Chipmaker Texas Instruments (TXN) late Tuesday beat Wall Street's earnings target for the fourth quarter but came up short on sales. It also guided well below…