Texas Instruments, a leading maker of semiconductors...
Texas Instruments, a leading maker of semiconductors and electronics, reported first-quarter earnings of $40 million Thursday, returning to profitability after six straight quarters of losses. The company’s profit in the three months ending March 31 amounted to 35 cents a share. Texas Instruments lost $54 million, or 77 cents a share, in the first quarter last year.
The company attributed the performance to cost savings from the elimination of more than 6,000 jobs in the past year.
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