© Reuters. FILE PHOTO: A Texas Instruments Office is shown in San Diego, California, U.S., April 24, 2018. REUTERS/Mike Blake
(Reuters) – Chipmaker Texas Instruments (NASDAQ:) Inc beat Wall Street expectations for first-quarter revenue on Tuesday on the back of solid demand in the industrial and automotive sectors.
Total revenue in the quarter was $4.91 billion compared with $4.29 billion a year earlier. Analysts were expecting revenue of $4.74 billion, according to IBES data from Refinitiv.
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