Texas Instruments Narrows Quarterly Views

Features Reuters

No. 3 U.S. chipmaker Texas Instruments Inc (TXN) narrowed its third-quarter forecast.

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The company now estimates earnings of 51 to 55 cents per share on revenue of $3.15 billion to $3.29 billion for the quarter ending Sept. 30.

It had previously estimated earnings per share of 49 to 57 cents on revenue of $3.09 billion to $3.35 billion.