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Texas Instruments posts higher first-quarter profit and revenue on auto and industrial strength

2015-04-23 10:54:17| Semiconductors - Topix.net

Texas Instruments Inc. posted higher profits and revenue based on strong automotive and industrial markets, but the company expects a tougher current quarter. The chipmaker today reported that its first-quarter net profit jumped 35 percent to $656 million, or 61 cents per share, from $487 million, or 44 cents per share, a year earlier.

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