TXN: Q2 revenue up 23% year-over-year, with broad-based growth and strong margin expansion
Second quarter revenue rose 23% year-over-year to $5.5 billion, with strong growth in industrial, automotive, and data center markets. Gross margin improved to 61%, and free cash flow surged, aided by CHIPS Act incentives. Q3 guidance anticipates continued broad-based demand strength.Based on Texas…