Texas Instruments Forecasts Higher Revenue Amid Strong Analog Chip Demand
Texas Instruments reported second-quarter revenue of $5.46 billion, exceeding Wall Street estimates by $210 million due to strong demand for analog chips driven by AI infrastructure and recovery in industrial and automotive markets. The company forecasted third-quarter revenue between $5.65 billion and $6.15 billion.
Topics: AI Infrastructure Analog Chips Data Centers Semiconductors