Texas Instruments reported upbeat Q2 results with revenue of $5.46B and earnings of $2.14/share. Analysts raise price targets, stock falls 5.2%.

Texas Instruments (TXN) will release Q2 earnings on July 22. Analysts expect $1.92 EPS and $5.24B revenue.

July 22 : Texas Instruments forecast quarterly revenue above analysts' estimate on Wednesday, signaling a recovery in industrial chip demand and growing momentum for its AI data…