Texas Instruments (TI) outlook suggests chip downturn continues

Texas Instruments Outlook Signals Chip Slump Is Persisting

2025-01-24 02:53:00 : (Bloomberg) — Texas Instruments Inc. gave a bleak profit forecast for the current period, a sign that demand for electronic components remains sluggish. The company said in a statement Thursday that first-quarter sales would be between $3.74 billion and $4.06 billion. Analysts on average estimated $3.86 billion, according to data compiled by … Read more