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Texas Instruments profit and revenue tumbles on shrinking demand, but better than expected

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Texas Instruments profit and revenue tumbles on shrinking demand, but better than expected Posted: Apr 21, 2009 9:44 PM
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Original Post: Texas Instruments profit and revenue tumbles on shrinking demand, but better than expected
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TI profit, revenue tumble on shrinking demand Shares in Texas Instruments Inc. fell Tuesday after the chip maker reported that first-quarter profit and revenue tumbled as competition heightened and demand for its chips shrank amid the recession. In reporting financial results Monday, the company said customers have begun to whittle down inventories of TI's chips, which are [...]

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