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Texas Instrument stock rises on Q1 revenue beat, outlook

Julie Hyman and Jared Blikre

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.

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This post was written by Angel Smith