(Reuters) – Texas Instruments Inc missed Wall Street expectations for third-quarter revenue on Tuesday, as a semiconductor parts crunch and supply chain roadblocks kept the chipmaker from meeting surging demand.
Total revenue rose 22% to $4.64 billion from $3.82 billion last year. Analysts on average were expecting $4.66 billion, according to IBES data from Refinitiv.
(Reporting by Ruhi Soni and Nilanjana Basu in Bengaluru; Editing by Devika Syamnath)
