What Investors Could Expect for Texas Instruments’ Q3 Revenue

Texas Instruments (TXN) supplies power management chips, analog IC (integrated circuits), and microcontrollers, which are used in almost all electronic devices, spanning industrial, automotive, communication equipment, personal electronics, and enterprise system markets. Texas Instruments is the world’s largest analog IC company, earning 67% of its revenue from the analog market and 24% from embedded processing. The personal electronics market is seasonal. The second and third quarters have been strong for Texas Instruments, with the company typically reporting double-digit sequential growth in the third quarter.