Q3 revenue of $6.06 billion beat expectations, up 28% year-over-year and 11% quarter-over-quarter; data center revenue grew about 95% and industrial more than 40% annually, Q4 guidance is above consensus, and because growth is not limited to AI data centers the market is rewarding that breadth.

Texas Instruments,

Now, the next company I'm going to take a closer look at is Texas Instruments. Texas Instruments also announced its earnings. Its stock rose by approximately 1.3% . There was some enthusiasm, wasn't there?

The company announced revenues of $6.06 billion in the third quarter , an increase of 28% year-over-year and 11% quarter-over- quarter. These revenues exceeded analysts' expectations.

I think the most important takeaway from Texas Instruments is that management stated that while data center revenues grew by approximately 95% year-over-year and 20% quarter-over-quarter , the industrial market grew by more than 40% annually, while the automotive sector grew by between 15% and 15%.

Overall, the company's average forecast for the fourth quarter is also higher than analysts' forecasts for the next quarter. So, I see this as one of the things that shows, firstly, that the company has exceeded expectations with numbers that are much better than some other companies.

Secondly, it is not limited to data centers only; many growth opportunities also exist in other sectors such as the industrial market and the automotive market. So it's not just about AI data centers , and I think the market is rewarding the company for that.