TI had Q1 net income of $1.17 billion compared with $1.22 billion in Q1 2019. Revenue declined to $3.33 billion from $3.59 billion in Q1 2019. Analysts were expecting the company to report revenue of $3.17 billion. Embedded processing revenues declined 18% y-o-y while analogue revenue fell 2%. “With a COVID-19 recession likely upon us, ...
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