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Texas Instruments reports Q2 revenue up 16% YoY to $4.45B, vs. $4.36B est., net income of $1.3B, and forecasts Q3 profit below est.; TXN drops 10%+ after hours (Arsheeya Bajwa/Reuters)

Arsheeya Bajwa / Reuters : Texas Instruments reports Q2 revenue up 16% YoY to $4.45B, vs. $4.36B est., net income of $1.3B, and forecasts...

3 November 2024

A single grant of $123M has been finalized from $33B+ announced so far under the US CHIPS Act, which is facing criticism on both sides of the political aisle (Politico)

Politico:
A single grant of $123M has been finalized from $33B+ announced so far under the US CHIPS Act, which is facing criticism on both sides of the political aisle  —  The $39 billion high-tech subsidy plan was supposed to come with guardrails.  Progressives worry those are dissolving before their eyes.

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