TI Updates Second-Quarter 2005 Business Outlook

TI’s updated estimate reflects growing demand across a broad range of its Semiconductor products, as well as seasonal growth in its educational calculators. The company’s expectations for revenue are: Total revenue between $3120 million and $3240 million, compared with the prior range of $3000 million to $3240 million; Semiconductor revenue between $2650 million and $2750 million, compared with the prior range of $2550 million to $2750 million; Sensors & Controls revenue between $300 million and $310 million, compared with the prior range of $290 million to $310 million; Educational & Productivity Solutions revenue between $170 million and $180 million, compared with the prior range of $160 million to $180 million. TI expects EPS between $0.27 and $0.30, compared with the previous range of $0.25 to $0.29.