Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: see clearly now who wrote (98424)	6/9/2009 9:55:36 AM
From: Dan3	Respond to of 116555

Green Shoots from Texas Instruments... ...Chip orders were strong in both April and May this year, up from the fourth quarter of last year and first three months of 2009, said Ron Slaymaker, head of investor relations at TI, in a conference call. He noted that although TI's sales have increased, customers continue to reduce their chip inventories, albeit at a slower pace than during the fourth quarter of last year and the first quarter of this year. "Long term growth will depend on end demand strengthening," he said. The chip maker raised its second quarter revenue guidance to a range of US$2.3 billion to $2.5 billion, up from a prior range of $1.95 billion to $2.4 billion, and said it expects earnings per share to come in around $0.14 to $0.22, up from a previous range of $0.01 to $0.15. "This is a pretty significant change to our guidance," Slaymaker said. Asia is currently the biggest driver of growth for TI, while the U.S. and Europe continue to lag, he said, noting that laptops, mobile phones and communications infrastructure continued to be strong end markets for chips. There's more at: pcworld.com