Texas Instruments Stock Soars Nearly 19% on Q1 Earnings Beat, Strong Data Center and Industrial Demand

Source: International Business Times

Pixabay Texas Instruments Inc. shares skyrocketed more than 18% Thursday after the analog chip giant crushed Wall Street expectations for the first quarter and issued upbeat guidance fueled by surging demand from data centers and industrial customers. The stock (NASDAQ: TXN) opened at $260.