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Actionable news in TXN: Texas Instruments Incorporated,

Texas Instruments' profit beats on automotive, industrial demand

(Reuters) - Texas Instruments Inc reported a better-than-expected quarterly profit as the company benefited from higher demand for its chips from automotive and industrial customers.

Shares of the company, which first became popular for its calculators that it still manufactures, rose 2.8 percent to $83.65 in after-hours trading on Tuesday.

The Dallas, Texas-based company's focus on the industrial and automotive industries is paying off as automotive products have contributed significantly...