Texas Instruments delivered an optimistic revenue outlook on Wednesday, projecting figures for the coming quarter that exceed what analysts had anticipated — a sign that demand for industrial chips may be turning a corner, along with growing interest in its chips designed for AI data centers.
The analog chipmaker said it expects third-quarter revenue to fall between $5.65 billion and $6.15 billion. That range tops the average analyst estimate of $5.61 billion, based on data compiled by LSEG.
