Texas Instruments accelerates recovery with 28% increase in Q3 revenue
TXN Texas Instruments Inc
$300.52 +1.62%
View chart & analysis → - 1Texas Instruments recorded a 28% year-over-year increase in Q3 revenue, reaching $6.006 billion.
- 2Q3 earnings per share surged 77% to $2.62.
- 3Texas Instruments recently began production at its newest fab in Sherman, Texas, as part of its $60 billion U.S. manufacturing expansion across seven facilities in Texas and Utah.
So what's the key point?
Texas Instruments saw improved performance with $6.006 billion in revenue during the third quarter. The company is growing as it begins production at its U.S. plants.
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