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Jan 26, 2022

Texas Instruments’ Earnings Were Red Hot. It’s Riding High Amid the Chip Shortage

Posted by in category: computing

Texas Instruments kicked off earnings season for the U.S.’s semiconductor manufacturers with a bang.

The profit report, seen as an indicator of what investors can expect from other chip makers, sent the shares higher in extended trading. Profits were higher than expected and management pointed to strong demand from customers in the industrial and automotive markets.

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