TI bullish on Q3

Q2 revenue was up 14.2% at $5.2 billion for a net profit of $2.29 billion which was up 19% y-o-y.

 Q2  analogue sales rose 15% y-o-y to $3.99 billion.

Sales of embedded processors rose 5% y-o-y  to $821 million.

TI manufactures about 80% of its chips in-house and is extending its fab capacity. In May it broke ground on the first of a planned four fab site in Sherman, Texas  (pictured above) potentially costing  $30 billion

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