TI is scheduled to report third-quarter financials on Monday. "As one of the key global semiconductor suppliers, we believe Texas Instruments will benefit
...From: online.wsj.com
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Texas Instruments Inc. (TXN) is expected to report a 17% drop in third-quarter sales on Monday, but analysts also see the chip giant affirming the rising optimism in the semiconductor industry.
"As one of the key global semiconductor suppliers, we believe Texas Instruments will benefit from the continuing rebound in the semiconductor market over the next few quarters and through 2010," Brigantine Advisors analyst Ramesh Misra said in an Oct. 5 note.