The silicon market is in such a dark place, Texas Instruments' revenue decline was rewarded

Global silicon shipments might be falling off a cliff, but it's not all doom and gloom: American chipmaker Texas Instruments has just reported better-than-expected quarterly results off the back of fairly consistent analog component sales. The company's revenue for Q2 FY 2019 ended 30 June totalled $3.67bn, beating analyst …

[Eddy Ito]

They beat the estimates so it seems natural that they were rewarded, today. Fear not, there's always time for punishment tomorrow.

[Gene Cash]

> They beat the estimates so it seems natural that they were rewarded

HA! I've seen plenty of company results where they beat estimates and the stock 10% dropped anyway.

[Eddy Ito]

I've noticed that happen quite often. I chalk it up to how the market perceives the estimates. If investors thought the estimate was low there's a good chance the value will drop regardless of whether the company misses or beats. Likewise if they thought the estimate was high the company could get rewarded for missing. In this case it seems investor opinion was that the estimate was a pipe dream and they were totally floored by the beat.

[Missing Semicolon]

16% drop in embedded processing?

Look inside most stuff, and there's an anonymous 8 pin chip doing the smarts. The only consumer item I've seen with a TI device is an Oral-B toothbrush (MSP2435G, since you're asking).

[Alan Johnson]

Re: 16% drop in embedded processing?

Look inside most stuff, and there's an anonymous 8 pin chip doing the smarts. The only consumer item I've seen with a TI device is an Oral-B toothbrush (MSP2435G, since you're asking)

TI is not really a processor company, yes they make DSPs, the MSP430 family and a few arm based parts but they cover much wider areas than this and it is not their focus; power management, analogue/linear, conversion, interface etc. there is more value in a typical system in those areas than just the microcontroller. We design a lot of embedded things of many different kinds and while a TI processor is rare they are the biggest player in everything else.