The world's largest analog chip maker, Texas Instruments released the latest fourth-quarter sales forecast yesterday. The predictive value of the company is 2.89-3.01 billion U.S. dollars, consistent with analysts' average forecast $ 2.95 billion. Texas Instruments is one of the few technology companies which still publish quarterly updates. It has extremely broad range of customers, everything from household appliances manufacturers to aerospace equipment manufacturers. Thus, the predictive value of the company is the weathervane of the needs of various industries. "The analyst of StifelNicolaus & Co ,Tore Svante Berg (ToreSvanberg) said:" before the end of the year the supply chain hopes to minimize inventory. Automotive industry is relatively good, relatively poor consumer industry, the communications industry in the middle. " After this announcement, the share price of Texas Instruments climbed to $ 30.35. |
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Texas Instruments Forecasts At Fourth-quarter Sales Will Be