semiconductor / news / / Barchart
Texas Instruments Incorporated (TXN) designs, manufactures, and sells semiconductors to electronics designers and manufacturers.
Texas Instruments' shares surged 19.4% after outperforming Q1 earnings and revenue expectations on Apr. 22.
KEY POINTS
- Q1 revenue grew 18.6% year-over-year, led by industrial and data center segments, topping estimates by 6.9%.
- Q2 revenue and EPS guidance from Texas Instruments exceeded current market expectations significantly.
- Analyst sentiment turned more bullish in the past month, with an increase in 'Strong Buy' ratings.
COMPANIES
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