Another Semiconductor Bellwether Points to Chip Strength in the Second Half

Many have tried to pinpoint the bottom of the tech hardware downtrend brought on by the trade war between the United States and China. While analysts look at a number of data points to figure out exactly where we are in the cycle, the earnings reports of large, broad-based semiconductor companies such as Texas Instruments (NASDAQ: TXN), provide some of the best insight.

Texas Instruments makes analog and embedded chips across a wide range of products for customers around the globe. As such, the company is often viewed as an indicator of health for the overall tech industry.

On the back of last week's strong guidance from another tech bellwether, Taiwan Semiconductor (NYSE: TSM), Texas Instruments gave investors yet another jolt of hope for a second-half recovery. Let's see why Texas Instruments's earnings has semiconductor investors excited for the future.

Quelle Fool.com