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Texas Instruments' stock falls on weak forecast
Texas Instruments said it expects current-quarter earnings between $1.36 and $1.60 per share, while analysts were looking for $1.50 per share. The company forecast revenue of $4.45 billion to $4.8 billion, for a midpoint of $4.625 billion. Analysts were expecting revenue of $4.59 billion.
Shares of Analog Chip Stocks Fall After Texas Instruments Reports Earnings
Shares of Texas Instruments slid 11% to $191.41 in after-hours trading on Tuesday. Microchip Technology and ON Semiconductor saw their shares retreat 6.4% and 6.8%, respectively. NXP Semiconductors' stock was down 5.5% and Analog Devices lost 5.4%. American depository receipts of German chipmaker STMicroelectronics were off by 6.9%.
Texas Instruments shares (TXN) tumbled Wednesday after the analog chipmaker well known for its calculators issued a light ...
Texas Instruments' long-term prospects remain steady, but short-term valuation concerns could justify selling for some ...
Here are some of the stories Wall Street is watching on Wednesday, July 23. All three of the major indexes (^DJI, ^GSPC, ...
Texas Instruments managed to beat expectations in the June quarter due to customers ordering ahead to build inventory.
Texas Instruments' long-term growth drivers include aggressive capital expansion, CHIPS Act support, etc. Click here to find out why TXN stock is a Hold.
3d
Texas Instruments reported higher profit and sales in the second quarter with growth across key revenue segments. Despite recording positive growth, the company's shares posted a double-digit decline ...
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