Texas Instruments' upbeat Q2 forecast pushes chip stocks higher
The Star Online - Tech·2024-04-24 19:02
(Reuters) - Texas Instruments jumped 7% in premarket trade on Wednesday, sparking a rally in chip stocks as its strong second-quarter revenue forecast fanned optimism that chip demand was picking up after a years-long slump.
The company is seen as a bellwether for semiconductor demand, as its products are used across industries ranging from automotive to industrial and consumer electronics including smartphones.
……Read full article on The Star Online - Tech
America Technology Business Entertainment Malaysia
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App