Texas Instruments reports Q2 revenue up 16% YoY to $4.45B, vs. $4.36B est., net income of $1.3B, and forecasts Q3 profit below est.; TXN drops 10%+ after hours (Arsheeya Bajwa/Reuters)

Read post on techmeme.com

Arsheeya Bajwa / Reuters:Texas Instruments reports Q2 revenue up 16% YoY to $4.45B, vs. $4.36B est., net income of $1.3B, and forecasts Q3 profit below est.; TXN drops 10%+ after hours  —  Texas Instruments (TXN.O) forecast third-quarter profit just shy of Wall Street estimates on Tuesday, as the analog chipmaker invests heavily …