July 22 (Reuters) – Texas Instruments forecast quarterly revenue above analysts’ estimate on Wednesday, signaling a recovery in industrial chip demand and growing momentum for its AI data center chips.
The analog chipmaker expects third-quarter revenue to be between $5.65 billion to $6.15 billion, compared with analysts’ average estimate of $5.61 billion, according to data compiled by LSEG.
(Reporting by Anhata Rooprai in Bengaluru; Editing by Shilpi Majumdar)
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