Texas Instruments Jumped Over 4% in Morning Trading

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Texas Instruments Jumped Over 4% in Morning Trading

Tiger Newspress2022-01-26

Texas Instruments jumped over 4% in morning trading after it beat quarterly revenue estimates on strong chip demand.The company said it expects first-quarter revenue between $4.5 billion and $4.9 billion. Analysts on average estimate revenue of $4.37 billion, according to IBES data from Refinitiv.

Texas Instruments fourth-quarter revenue rose 19% to $4.83 billion, topping analysts' expectations of $4.43 billion, driven by strong demand in industrial and automotive markets.

Net income rose to $2.14 billion, or $2.27 per share, during the quarter ended Dec. 31, compared with $1.69 billion, or $1.80 per share, a year earlier.

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Novice2
·2022-01-27
Anything associates with chips production is in uptrend?
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Mindthink
·2022-01-27
Nice
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BBBBBBBBBB
·2022-01-27
Ok
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arijit
·2022-01-27
Better be careful
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Junpani
·2022-01-27
Like
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Blinkfans
·2022-01-26
Gggood
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Jas12345
·2022-01-26
Good!
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SYFU
·2022-01-26
wowsyyyy
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Kclchua989
·2022-01-26
Ok
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