Skip to content

Texas Instruments Exceeds Analyst Expectations

 

Chipmaker Texas Instruments announced an outlook which exceeded analysts’ estimates and caused its share price to soar to US$ 21.02 (a 6.32% rise).

Due to an increase in demand for its wireless semiconductors, Texas Instruments now expects second quarter profits of between US$0.14 to US$0.22 per share, up from its previous forecast of US$0.01 to US$0.15. Similarly, Intel Corp. rose by 3.14% to US$16.42.

Bookmark and Share
Post a comment — Trackback URI RSS 2.0 feed for these comments This entry (permalink) was posted on Wednesday, June 10, 2009, at 2:56 am by admin. Filed in Technology and tagged , , .

Post a Comment

Your email is never published nor shared. Required fields are marked *
*
*