Texas Instruments (TXN: news, chart, profile) is expected to earn 23 cents a share, up 9% from the year-ago quarter, according to a survey of analysts by Thomson First Call. Sales are seen at $2.99 billion, a 2% rise.
The world's third-largest maker of computer chips guided Wall Street lower last month after sales of its chips used in flat-screen televisions and high-definition TVs disappointed. See full story.
Also reporting after the bell Monday is Novellus Systems (NVLS: news, chart, profile) , another of the nation's top chip equipment makers. Novellus is projected to earn 22 cents, up 79 percent from the year-ago quarter. Sales are pegged at $334.3 million, up 27%. It hiked its financial targets last month, but at the same time, it told investors that margins would fall.
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The world's third-largest maker of computer chips guided Wall Street lower last month after sales of its chips used in flat-screen televisions and high-definition TVs disappointed. See full story.
Also reporting after the bell Monday is Novellus Systems (NVLS: news, chart, profile) , another of the nation's top chip equipment makers. Novellus is projected to earn 22 cents, up 79 percent from the year-ago quarter. Sales are pegged at $334.3 million, up 27%. It hiked its financial targets last month, but at the same time, it told investors that margins would fall.
Gruss Ice
