Texas Instruments Q2 Revenue Reaches $5.46 Billion, Up 23% Year-on-Year

BlockBeats News, July 23, Texas Instruments reported Q2 revenue of $5.46 billion, a 23% year-on-year increase, with net profit reaching $1.98 billion, exceeding the same period last year. The company forecasts Q3 revenue to range between $5.65 billion and $6.15 billion, surpassing Wall Street expectations, driven by AI infrastructure investments and the recovery of the industrial and automotive markets, boosting demand for analog chips. [Original Link]