Qualcomm earnings suffered from a rapid slowdown in demand for smartphones and IoT devices which continued to weigh on QCOM in fiscal 1Q23 (December quarter). We saw this reflected in their revenue miss, but they gave an optimistic outlook for 2H23. The company, like many chip makers has an elevated inventory of OEMs due to sluggish consumer demand and the easing of supply chain disruptions. Apple, which uses QCOM’s modem chips reported a disappointing 1Q23 earnings report that was driven … Continue reading “Qualcomm Earnings Falter with Slowdown in Demand for Smartphones and IoT Devices”
Texas Instruments Automotive Chips Strength Balances Weak Industrial Demand
Texas Instruments, the largest manufacturer of analog and embedded processors in America, reported better than expected fourth quarter results and also provided Q1 guidance that met analyst estimates but at the same time demand remains under pressure with customers working to reduce their inventory levels. The softer weaker quarter-over-quarter growth reflecting slowing demand spreading from personal electronics which was 24% of IT’s 2021 revenue to a more significant industrial markets which had 41% of revenue. The automotive industry continues to … Continue reading “Texas Instruments Automotive Chips Strength Balances Weak Industrial Demand”
Texas Instruments Lowers Guidance on Retailers Bloated Inventories
Texas Instruments, the largest manufacturer of analog and embedded processors in America, traded over 5% lower despite reporting better than expected third quarter results beating by $0.06, and on revenues. TXN offered a weak outlook for the fourth quarter, guiding Q4 EPS below consensus and revenues below consensus. The softer weaker quarter-over-quarter growth reflects the slowing demand spreading from personal electronics which was 24% of IT’s 2021 revenue to a more significant industrial markets which had 41% of revenue. Texas … Continue reading “Texas Instruments Lowers Guidance on Retailers Bloated Inventories”
Texas Instruments A Victim Of It’s Own Success as Demand Strains Manufacturing Capacity
Texas Instruments, the largest manufacturer of analog and embedded processors in America, traded sharply lower despite reporting better than expected 1Q21 results and 2Q21 guidance after the close Tuesday. Concern is over inventory levels becoming more depleted and its lead-times for some products extending.
Texas Instruments Earnings Boost From Rebound of Automotive and Personal Electronics Demand
Texas Instruments reported better than expected quarter earnings Tuesday and guided higher for the second quarter. $TXN’s earnings report ahead of other chipmakers Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel $INTC.
Apple Looking To Buy Intel’s 5G Modem Chip Segment
Cash rich Apple is in advanced talks to buy Intel’s 5G modem chip division the Wall Street Journal reports. The value of the deal could be $1 billion or more as 5G iPhones come into focus. Intel reports later in the week.
Texas Instruments Guides Lower on Weak Analog and Embedded Processing
Texas Instruments reported better than expected quarter earnings Tuesday but guided lower for the second quarter. $TXN’s earnings report ahead of other chipmakers Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel $INTC.
Chip Stocks Earnings From AMD, Intel, Texas Instruments and Qualcomm
In a huge week for technology earnings top semiconductor companies report second quarter results. Big names include semiconductors Texas Instruments $TXN, Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel $INTC
Texas Instruments Earnings Beat as Analog Products Demand Builds
n a huge week for semiconductor companies Q1 results Texas Instruments $TXN reported betetr than expected earnings ahead of Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel $INTC
Chip Stocks AMD, Intel, Texas Instruments and Qualcomm Earnings Ahead
In a huge week for technology earnings top semiconductor companies report Q1 results in the week ahead. Big names include Texas Instruments $TXN, Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel (INTC).