Salem Radio Network News Tuesday, January 31, 2023

Science

Texas Instruments beats quarterly revenue estimates

(Reuters) – Texas Instruments Inc on Tuesday surpassed estimates for second-quarter revenue, as shipments improved with easing of supply-chain bottlenecks and sustained demand for its chips.

Revenue grew 14% to $5.21 billion in the three months ended June 30, beating analysts’ estimate of $4.62 billion, according to Refinitiv data.

(Reporting by Yuvraj Malik in Bengaluru; Editing by Krishna Chandra Eluri)

Previous
Next

Editorial Cartoons

View More »

Gary Varvel
Wed, Jan 25, 2023

X CLOSE