Texas Instruments forecasts upbeat current-quarter earnings on strong chip demand

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Texas Instruments (TXN) Stock Gains Following Earnings, Revenue Beat

July 26, 2022 4:25 PM EDT

Texas Instruments (NASDAQ: TXN) shares climbed in extended trading after the company posted earnings for its second quarter, beating analyst profit and revenue expectations.

TXN posted earnings of $2.45 per share, $0.32 better than expectations of $2.13. In addition, revenue for the quarter came in at $5.21 billion, beating consensus... More