Texas Instruments reported results for their first quarter of 2023 last week. In this article, I’ll try to comprehensively go over what I think is relevant to know moving forward. Overall financial analysis TI generated 4.38bn in revenue, declining 11% YoY and 6% sequentially. This is the second quarter in a row in which the company’s topline reveals ‘trouble’. However, it should come as no surprise given the fact that the semiconductor industry operates in very pronounced cycles. Other businesses in the space (Nvidia, TSMC, Intel) have also experienced similar weakness.
Texas Instruments 1Q Earnings Review
Texas Instruments 1Q Earnings Review
Texas Instruments 1Q Earnings Review
Texas Instruments reported results for their first quarter of 2023 last week. In this article, I’ll try to comprehensively go over what I think is relevant to know moving forward. Overall financial analysis TI generated 4.38bn in revenue, declining 11% YoY and 6% sequentially. This is the second quarter in a row in which the company’s topline reveals ‘trouble’. However, it should come as no surprise given the fact that the semiconductor industry operates in very pronounced cycles. Other businesses in the space (Nvidia, TSMC, Intel) have also experienced similar weakness.