Texas Instruments’ first-quarter profit leaped after the chip maker improved results in all its product lines, and the company offered an outlook better than what financial analysts were expecting, reports Associated Press. Net income was US$658 million, or 52 cents per share, for the quarter ended March 31. That was a penny-per-share better than analyst estimates, according to Thomson Reuters. TI’s revenue jumped 54 percent to US$3.21 billion in the latest quarter, with all of TI’s major divisions showing gains.
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