(Reuters) – Texas Instruments Inc on Tuesday surpassed estimates for second-quarter revenue, as shipments improved with easing of supply-chain bottlenecks and sustained demand for its chips.
Revenue grew 14% to $5.21 billion in the three months ended June 30, beating analysts’ estimate of $4.62 billion, according to Refinitiv data.
(Reporting by Yuvraj Malik in Bengaluru; Editing by Krishna Chandra Eluri)
