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|29th April 2017, 06:05||#1|
Join Date: May 2010
Texas Instruments big results causes Intel worries
Who wants chips these days?
Texas Instruments results have got the cocaine nose jobs of Wall Street to take another look at their confident predictions for Intel.
Texas Instruments posted first-quarter earnings of $0.89 per share on Tuesday, which topped the Zacks Consensus Estimate of $0.83 per share. The company made a much better than expected $3.4 billion in revenue. Texas Instruments’ revenue was up 13.1 percent year-over-year, due in part to greater demand in its automotive and industrial sectors.
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