Texas Instruments Rises on Forecast for Revival in Orders
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Texas Instruments Inc., the largest maker of analog semiconductors, rose after forecasting second-quarter earnings that may top some analysts’ estimates, buoyed by a revival in chip orders.
Texas Instruments increased 1.1 percent to $32.25 at 9:45 a.m. New York time following the report yesterday after the markets closed. The stock earlier advanced 2.7 percent for the biggest intraday gain in a month. Shares of the Dallas-based company had climbed 9.6 percent this year before today.