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Stock impact report

Texas Instruments' stock jumps 18%, heads for best day since 2000 as AI demand soars [CNBC]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: CNBC
The company also gave upbeat guidance due to high demand for its analog chips that are crucial for the AI data center buildout. The stock is on pace for its best day since the dot-com era. In this article Texas Instruments headed for its best day on Wall Street since 2000 after the chipmaker reported better-than-expected quarterly results and gave upbeat guidance due to high demand for its analog chips that are crucial for the AI data center buildout. Shares of Texas Instruments soared 18% on Thursday and are trading at a record, up about 60% for the year. For the first quarter, Texas Instruments reported revenue growth of 19% to $4.83 billion, topping the $4.53 billion average analyst estimate, according to LSEG. Earnings per share of $1.68 also beat estimates, as analysts on average predicted EPS of $1.27. Texas Instruments said revenue in the second quarter will be between $5 billion and $5.4 billion, representing growth of 17% at the midpoint. EPS will be between $1.7 Show less Read more
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