Previous close | 14.30 |
Open | 14.40 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 170.00 |
Expiry date | 2025-01-17 |
Day's range | 14.15 - 14.40 |
Contract range | N/A |
Volume | |
Open interest | 4.44k |
Texas Instruments (TXN) reported first-quarter revenue that topped estimates and providing an upbeat outlook for the upcoming quarter. The semiconductor giant reported revenue of $3.66 billion, exceeding expectations of $3.6 billion. Furthermore, the company's forward guidance has surpassed expectations, forecasting revenue of up to $3.9 billion, where analysts were expecting $3.78 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
The company is seen as a bellwether for semiconductor demand, as its products are used across industries ranging from automotive to industrial and consumer electronics including smartphones. Shares of Nvidia, Advanced Micro Devices, Arm Holdings and Micron Technology rose between 1% and 3%. Texas Instruments said on Tuesday it expects revenue with a midpoint of $3.8 billion for the second quarter, compared with LSEG estimates of $3.77 billion.
Q1 2024 Texas Instruments Inc Earnings Call