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Actionable news in TXN: Texas Instruments Incorporated,

Texas Instruments Rising: Q2 Beats, Q3 View Beats; Automotive, Industrial Strong

Analog chip giant Texas Instruments (TXN) this afternoon reported Q2 revenue and profit that topped analysts’ expectations, and beat with its Q3 view as well, sending its shares higher in late trading.

Revenue in the three months ended in June rose 12%, year over year, to $3.69 billion, yielding EPS of $1.03.

Analysts had been...