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0 -5.63348543743502E-05 -5.63348543743502E-05 -0.00287307757309442 -0.005070136893696 -0.00292941242746877 -0.00135203650498553 -0.00439411864120316
Stock impact report

Texas Instruments' upbeat Q2 forecast pushes chip stocks higher [Yahoo! Finance]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company is seen as a bellwether for semiconductor demand, as its products are used across industries ranging from automotive to industrial and consumer electronics including smartphones. Shares of Nvidia, Advanced Micro Devices, Arm Holdings and Micron Technology rose between 1% and 3%. Texas Instruments said on Tuesday it expects revenue with a midpoint of $3.8 billion for the second quarter, compared with LSEG estimates of $3.77 billion. Its earnings are closely watched as it is the first among major U.S. semiconductor firms to report quarterly results. "Looking ahead, we anticipate Texas Instruments to drive a continued recovery profile into the 2H (second half) of the year and into 2025" said J.P. Morgan analysts in a note. Improving demand for consumer electronics also indicates that analog chip inventory corrections might be easing. The company had seen a slump in demand for chips used in automotive markets as demand for electric vehicles slowed owing to an unce Show less Read more
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