Texas Instruments beat earnings expectations on broad-based chip demand

What happened: Texas Instruments reported revenue that beat earnings expectations, citing broad-based chip demand. Key numbers: Revenue rose 28% year over year to $6.06 billion. Fourth-quarter revenue is forecast at $5.8 billion to $6.3 billion. Why it matters: The forecast gives investors a range for the coming quarter after the company topped expectations on broad-based demand.

Texas Instruments reported revenue that beat earnings expectations, citing broad-based chip demand.

The forecast gives investors a range for the coming quarter after the company topped expectations on broad-based demand.