Texas Instruments forecasts Q1 revenue above estimates on strong chip demand
(Reuters) -Texas Instruments Inc (TXN) forecast current-quarter revenue above
As demand for electronics including smartphones and consumer gadgets has risen faster than expected during the pandemic, semiconductor makers have doubled down on production, even as COVID-19 has hampered general operations and logistics.
Texas Instruments (TXN) analog and embedded processing chips are used in a range of products that cater to a broad market, lowering the risk from dependence on a single customer segment.
The company said it expects first-quarter revenue between
Texas Instruments (TXN) fourth-quarter revenue rose 19% to
Net income rose to
Earlier this month, Taiwanese chip firm TSMC forecast multi-year growth on booming semiconductor demand and said it expects to lift capital spending to between
(Reporting by