Rosenblatt views on the earnings for next week:
Texas Instruments Inc. will report results on April 26. Rosenblatt saw a slight beat and raise limited by continued supply chain constraints.
Rosenblatt saw the 1Q22 sales coming in above its consensus estimates of a low-single-digit sequential decline and EPS coming above its consensus estimate buoyed by strength in Industrial and Automotive and Texas Instruments continuing to spend to keep up with demand.
For the June guide, Rosenblatt saw sales above its consensus estimates on Analog and Embedded and continued strength in Automotive and Industrial.
The critical issues for investors include the aggressive 300mm fab build-out of two new fabs in the next two years and an additional four through the early 2030s to meet an expected doubling in analog industry sales growth.
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