Texas Instruments Q1 revenue and profit rise

NEW YORK (Reuters) - Texas Instruments Inc <TXN.N> reported first-quarter revenue of $3.39 billion, up 6 percent from the year-ago period.

The maker of chips used in products ranging from phones to cars said on Monday its profit rose to $666 million, or 55 cents per share, from $658 million, or 52 cents per share, in the same quarter the year before.

(Reporting by Sinead Carew; Editing by Richard Chang)