Intel raises full-year sales forecast, but second-half demand worries send shares down [Reuters]
Texas Instruments Incorporated (TXN)
Last texas instruments incorporated earnings: 4/21 04:01 pm
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Source: Reuters
outlook for the chipmaker was still “supply constrained” and that it could take the industry two more years to catch up with rising chip demand. Intel CEO Patrick Gelsinger attends a meeting with French President Emmanuel Macron (not seen) during an international business leaders' meeting for the 4th edition of the 'Choose France' summit in Versailles, France June 28, 2021. Picture taken June 28, 2021. Stephane de Sakutin/Pool via REUTERS Paired with a third-quarter sales forecast that just cleared analyst estimates, the results sent shares down 2.8% in after-hours trading after the results. Intel, one of the few remaining companies in the processor chip industry that both designs and manufactures its own chips, has been able to weather the supply chain woes better than some rivals and is also working to build a business of making chips for others, called a “foundry” business. Gelsinger declined to comment on a recent report that Intel is looking to buy GlobalFoundries for $30
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News
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TXN
Earnings
- 1/23/24 - Beat
TXN
Sec Filings
- 3/26/24 - Form 4
- 3/26/24 - Form 4
- 3/21/24 - Form PX14A6G
- TXN's page on the SEC website