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Texas Instruments' stock falls on weak forecast
Texas Instruments said it expects current-quarter earnings between $1.36 and $1.60 per share, while analysts were looking for $1.50 per share. The company forecast revenue of $4.45 billion to $4.8 billion, for a midpoint of $4.625 billion. Analysts were expecting revenue of $4.59 billion.
Shares of Analog Chip Stocks Fall After Texas Instruments Reports Earnings
Shares of Texas Instruments slid 11% to $191.41 in after-hours trading on Tuesday. Microchip Technology and ON Semiconductor saw their shares retreat 6.4% and 6.8%, respectively. NXP Semiconductors' stock was down 5.5% and Analog Devices lost 5.4%. American depository receipts of German chipmaker STMicroelectronics were off by 6.9%.
Texas Instruments shares (TXN) tumbled Wednesday after the analog chipmaker well known for its calculators issued a light ...
Texas Instruments' long-term prospects remain steady, but short-term valuation concerns could justify selling for some ...
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks that Jim Cramer looked at. Noting the stock’s recent upward trend ...
Texas Instruments managed to beat expectations in the June quarter due to customers ordering ahead to build inventory.
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Texas Instruments reported higher profit and sales in the second quarter with growth across key revenue segments. Despite recording positive growth, the company's shares posted a double-digit decline ...
Here are some of the stories Wall Street is watching on Wednesday, July 23. All three of the major indexes (^DJI, ^GSPC, ...
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