AI
TI forecasts upbeat quarterly earnings as AI data centers drive analog chip…
Texas Instruments forecast first-quarter revenue and profit above Wall Street estimates on Tuesday, betting on robust demand for its analog chips from booming AI data center expansions, sending its shares up nearly 9% in extended trading. Tech companies have doubled down on expanding data center capacity to develop artificial intelligence technology, boosting demand for chipmakers […]
Texas Instruments forecast first-quarter revenue and profit above Wall Street estimates on Tuesday, betting on robust demand for its analog chips from booming AI data center expansions, sending its shares up nearly 9% in extended trading.
Tech companies have doubled down on expanding data center capacity to develop artificial intelligence technology, boosting demand for chipmakers across the board.
TI does not make speedy, expensive graphics processors powering AI such as those sold by Nvidia; its analog chips perform a range of functions…
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