Texas Instruments Q1 revenue and profit rise

Reuters

NEW YORK (Reuters) - Texas Instruments Inc 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.

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(Reporting by Sinead Carew; Editing by Richard Chang)

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