Texas Instruments beats quarterly revenue estimates on strong chip demand
BY Reuters — 4:03 PM ET 01/25/2022
Jan 25 (Reuters) - Texas Instruments Inc (TXN) beat Wall
Street expectations for fourth-quarter revenue on Tuesday,
buoyed by strong demand for its chips from industrial and
automotive markets.
Total revenue for the quarter stood at $4.83 billion,
compared with analysts' average estimate of $4.43 billion,
according to IBES data from Refinitiv.
(Reporting by Yuvraj Malik, Tiyashi Datta and Amruta Khandekar
in Bengaluru; Editing by Vinay Dwivedi)