Texas Instruments (TXN) Shares Up 2% on Q4 Beat and Raise

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Texas Instruments forecasts upbeat revenue on strong chip demand

January 25, 2022 4:13 PM EST

(Reuters) -Texas Instruments Inc on Tuesday forecast current-quarter revenue above expectations and said it would sharpen its focus on chips used in the lucrative automotive and industrial sectors, sending its shares up 4% in extended trading.

The company, which also beat fourth-quarter revenue estimates, is boosting capacity as chipmakers try to plug the gap between demand and supply caused by the pandemic-fueled supply delays and a shift to working and learning from home.

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Texas Instruments (TXN) trades up 5.9% following earnings, guidance

January 25, 2022 4:12 PM EST

Texas Instruments (NASDAQ: TXN) trades up 5.9% following earnings, guidance.

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Texas Instruments (TXN) Tops Q4 EPS by 33c; Guides Higher

January 25, 2022 4:02 PM EST

Texas Instruments (NASDAQ: TXN) reported Q4 EPS of $2.27, $0.33 better than the analyst estimate of $1.94. Revenue for the quarter came in at $4.83 billion versus the consensus estimate of $4.43 billion.

GUIDANCE:

Texas Instruments sees Q1 2022 EPS of $2.01-$2.29, versus the consensus of $1.90.... More