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Analog chipmaker Texas Instruments forecasts third-quarter revenue above estimates

Analog chipmaker Texas Instruments forecasts third-quarter revenue above estimates

Reuters5 days ago
July 22 (Reuters) - Texas Instruments (TXN.O), opens new tab forecast third-quarter revenue above Wall Street estimates on Tuesday, signaling recovering demand for its analog chips even as U.S. tariff negotiations lead to macroeconomic uncertainty.
The company expects revenue in the range of $4.45 billion to $4.80 billion for the third quarter, compared with analysts' average estimate of $4.59 billion, according to data compiled by LSEG.
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