Texas Instruments (TXN) believe that sales of handsets and digital TV will drive its profits over the next decade. Because of sales of these products, the demand for analog chips could skyrocket.
Speaking about analog chips, one of TI’s core product lines, the company told Reuters "total global sales should double to about $74 billion within seven years from $37 billion last year."
The trouble with the projection may be that a lot of evidence shows that handset sales growth is slowing. Some markets, including the US, Japan, and much of Europe, already have very high product penetration.
And, there are other companies competing for that business, included National Semiconductor (NSM).
But, it is always nice to dream
Douglas A. McIntyre
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.
