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NXP Jumps 10% After Forecasting Up To $3.55 Billion Q2 Revenue [Yahoo! Finance]
Last texas instruments incorporated earnings: 4/21 04:01 pm
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chipmaker delivering a second-quarter revenue outlook that came in ahead of expectations and drove a sharp move in late trading. The company guided for revenue of $3.35 billion to $3.55 billion, above the $3.27 billion consensus estimate compiled by Bloomberg, while shares climbed more than 10% after hours, adding to a 6.1% gain already recorded this year through the prior close. Chief Executive Officer Rafael Sotomayor indicated that the momentum already in place is expected to build further through the remainder of 2026, suggesting the recovery could be entering a more durable phase. Warning! GuruFocus has detected 6 Warning Sign with NXPI. Is NXPI fairly valued? Test your thesis with our free DCF calculator. The improving outlook comes as analog chipmakers begin to move out of a roughly two-year demand downturn, largely tied to elevated inventories that customers accumulated during the pandemic-era chip shortage. NXP, which derives more than half of its revenue from the autom
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- Texas Instruments' Breakout Was 5 Years in the Making. Does It Have Legs? [Yahoo! Finance][Yahoo! Finance]
- Texas Instruments Lattice Edge AI Deal Meets Rich Valuation And Dividend Questions [Yahoo! Finance][Yahoo! Finance]
- NXP Semiconductors forecasts strong quarterly results, shares jump [Yahoo! Finance][Yahoo! Finance]
- Bank of America revamps Texas Instruments stock price target [Yahoo! Finance][Yahoo! Finance]
- Morgan Stanley sends blunt message on Texas Instruments' surge [Yahoo! Finance][Yahoo! Finance]
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