a company named Texas Instruments did really well in the money department during the second part of this year. They made more money than people thought they would! Because of this, people are excited about buying their stock, and so the price of their stock is going up. Texas Instruments makes special computer parts that help computers work better. Read from source...

bullish

Reason: Texas Instruments TXN shares are on the rise in Wednesday’s pre-market trading, following the announcement of its second-quarter earnings that exceeded expectations.

In light of the article, it appears that Nvidia, TSMC-rival Texas Instruments TXN shares are on the rise in Wednesday’s pre-market trading. Following the announcement of its second-quarter earnings that exceeded expectations, Texas Instruments saw a 2.75% increase in its shares during pre-market trading on Wednesday. The company reported second-quarter earnings of $1.22 per share, surpassing the analyst consensus estimate of $1.17 by 4.27%. The quarterly sales, which amounted to $3.82 billion, were in line with the analyst consensus estimate. The company's strong cash flow was attributed to the robustness of its business model, the quality of its product portfolio, and the benefits of 300mm production. Looking ahead, Texas Instruments expects its third-quarter revenue to range between $3.94 billion and $4.26 billion. It should be noted that investing in the stock market comes with risks, and returns are not guaranteed. Past performance is not indicative of future results. It is recommended that thorough research and analysis be conducted before making any investment decisions.