Texas Instruments Gives Solid Forecast in Sign of Comeback

Yahoo Finance— (Bloomberg) -- Texas Instruments Inc. gave a bullish revenue forecast for the current quarter, indicating that a slump in demand for industrial and automotive components may be easing.Most Read from BloombergTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTaylor Swift Is Proof That How We Critique Music Is BrokenRay Dalio’s Famous Trade Is Sputtering, Investors BailingTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBillionaire Pinaults Fight to Pull Gucci Off the...

Bloomberg—Qualcomm (QCOM) Gives Solid Forecast in Sign of Smartphone Recovery. Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a solid forecast for the current period, suggesting that handset demand continues to recover.

Bloomberg—Texas Instruments (TXN) Shares Rise on Solid Revenue Forecast. Texas Instruments Inc. gave a bullish revenue forecast for the current quarter, indicating that a slump in demand for industrial and automotive components may be easing.

Yahoo Finance—Qualcomm Gives Solid Outlook in Sign of Smartphone Recovery. (Bloomberg) -- Qualcomm Inc., the world’s biggest seller of smartphone processors, gave an upbeat forecast for sales and profit in the current period, suggesting demand for handsets is increasing after a two-year slump.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire...