Key facts
- TI expects fourth-quarter revenue between $5.80 billion and $6.30 billion.
- TI expects fourth-quarter profit between $2.45 and $2.79 per share.
- Third-quarter revenue rose 28% to $6.06 billion.
- Third-quarter profit rose 77% to $2.62 per share.
Texas Instruments forecast fourth-quarter revenue above Wall Street estimates on Wednesday, signaling a recovery in industrial chip demand and growing momentum for its AI data-center chips. Unlike high-performance AI processor maker Nvidia, TI produces analog chips that manage power and convert real-world inputs into digital signals. The company expects fourth-quarter revenue between $5.80 billion and $6.30 billion, above analysts' average estimate of $5.73 billion. Quarterly profit is expected to be between $2.45 and $2.79 per share. TI's third-quarter revenue rose 28% to $6.06 billion, topping estimates, while profit rose 77% to $2.62 per share. The company's analog and embedded chips are used in smartphones, laptops, cars, and factory equipment.