Tag Archives: txn

Tech Stocks Throw A Party But Aren’t Serving Chips

While the tech-heavy Nasdaq stock index is nearing its all-time intraday high, shares of top chipmakers have tumbled — even those that supply Apple (AAPL) — and are now below key levels of support. The selloff appeared to begin Wednesday, when Texas Instruments (TXN) said Q1 sales were hurt by weak PC demand and offered disappointing Q2 guidance. Also on Wednesday, wireless chipmaker Qualcomm (QCOM) slashed its 2015 earnings and sales forecasts,

Next Google Glass To Contain Intel Chips, Says WSJ

The next version of Google Glass, the wearable computer being developed by Web search leader Google (GOOGL), will be powered by chips made by Intel (INTC), the semiconductor giant now pursuing the wearable tech market, according to a report Monday in the Wall Street Journal. Starting next year, an Intel chip will replace a processor from Texas Instruments (TXN) in Google Glass, according to the paper, which cited people familiar with the

Texas Instruments Auto Chips Spark Q3 Beat

Texas Instruments (TXN) stock rose Tuesday as the company leveraged continued growth in the automotive, infotainment and other industries to post Q3 EPS late Monday that exceeded Wall Street views. The chip company’s revenue forecast for the current quarter missed expectations, but its EPS guidance was 7 cents better than views at the midpoint. Texas Instruments stock was up 4% in early afternoon trading in the stock market today, near 46. For Q3,