Texas Instruments reports Q2 revenue up 23% YoY to $5.46B, above $5.26B est., net income up 53% to $1.98B, and forecasts $5.65B-$6.15B in Q3 revenue, above est.
THE SO WHAT
TI’s 23% revenue and 53% profit jump shows that “boring” analog and embedded chips are riding the same wave as headline AI silicon — industrial and automotive demand is real. Hardware buyers should expect continued tightness and prioritize long-term supply agreements over spot purchases for critical components.
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