Texas Instruments' net income rose to US$487mil, or 44 cents per share, in the quarter ended March 31 from US$362mil, or 32 cents per share, a year earlier.
NEW YORK: Texas Instruments Inc reported a 3% rise in first-quarter revenue due to strong growth in its analog chip business and improved demand for its chips used in cars, appliances, computers and industrial products.
The company also forecast second-quarter revenue largely above analysts' average estimate, sending its shares up 3.7% after the bell.
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