April 23 (Reuters) - Chipmaker Texas Instruments
forecast second-quarter revenue above Wall Street estimates on
Tuesday, as consumer electronics demand improved after months of
declines, more than offsetting the impact from chip inventory
corrections in the automotive market.
The Dallas, Texas-based company expects revenue with a
midpoint of $3.8 billion for the quarter, compared with
analysts' average estimate of $3.77 billion, according to LSEG
data.