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Texas Instruments’ stock is on the rise after strong results, guidance

Date:

Earnings Results


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Texas Instruments Inc. reported fiscal first-quarter results on Tuesday.


Texas Instruments

Texas Instruments Inc.’s stock immediately jumped nearly 8% in extended trading Tuesday after the semiconductor company rang up better-than-expected quarterly results and guidance.

Texas Instruments TXN reported fiscal first-quarter net income of $1.11 billion, or $1.20 a share, compared with net income of $1.7 billion, or $1.85 a share, in the same quarter a year ago.

Revenue…

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About the Author



Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron’s and USA Today. Follow him on Twitter @jswartz.

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