Texas Instruments Reports Strong Earnings. The Stock Is Rising but Tariffs Are Still a Risk.
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Shares of Texas Instruments were rising in after-hours trading Wednesday after the chip maker provided a revenue forecast for the June quarter that was above expectations. For its latest March quarter, the company reported earnings per share of $1.28, compared to Wall Street’s consensus estimate of $1.07, according to FactSet. Revenue came in at $4.07 billion, which was better than analysts’ expectation of $3.91 billion.
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