Chipmaker Texas Instruments quarterly revenue beats estimates | I3investor

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Chipmaker Texas Instruments quarterly revenue beats estimates

Tan KW

Publish date: Wed, 27 Apr 2022, 08:52 AM

Chipmaker Texas Instruments Inc beat Wall Street expectations for first-quarter revenue on Tuesday on the back of solid demand in the industrial and automotive sectors.

Total revenue in the quarter was $4.91 billion compared with $4.29 billion a year earlier. Analysts were expecting revenue of $4.74 billion, according to IBES data from Refinitiv.

- Reuters

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