(Bloomberg) — Texas Instruments Inc. projected third-quarter revenue that topped analysts’ estimates, indicating the company is seeing increased orders from customers trying to cushion themselves against any supply disruptions as the coronavirus pandemic drags on.Earnings will be $1.14 to $1.34 a share, on revenue of $3.26 billion to $3.54 billion, in the period ending in September, the Dallas-based chipmaker said Tuesday in a statement. On average, analysts predicted profit of 98 cents and sales of $3.07 billion, according to data compiled by Bloomberg.Covid-19 illnesses have shut factories and transportation worldwide, placing an unprecedented strain on a global supply chain that …read more
Source:: Yahoo Finance
