Shares of Texas Instruments (TXN) are trading 6% higher at a price of $169.86 at the time of this writing.

Texas Instruments has been trading between a 52-week high of $198.35 and a 52-week low of $144.46. The stock has a market cap of $157 Billion.

Texas Instruments Incorporated is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Its passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable - making it possible for semiconductors to go into electronics everywhere. It thinks of this as Engineering Progress.

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

sleepyspar - 6 upvotes - source
GOOGL with the miss pumps as hard as TXN with the beat. Clown market.

TJMBeav - 6 upvotes - source
Bad ER reports (except TXN) with meager guidance. So meager afterhour action.If you believe this is a sign of THE turn I think you will be disappointed. Look at Tesla. Not as bad as feared caused a big bump. How long did that last. But I am glad my puts exp is way out so I won't sweat if you idiots drive market higher tomorrow. Won't last. FOMC. Best you can hope for is 75 bps hike with no comments!

animositisomina35 - 4 upvotes - source
TXN earnings: - EPS $2.45, est: $2.12 - Sales: $5.21B, est: $4.61B

TJMBeav - 4 upvotes - source
ER is bearish as hell yet the bulls celebrate. It's cute. Unless you own TXN......which I do in my professionally managed account. I would never have bpught it. My pro is a good friend so we are in a competition. Need to sharpen my game. Maybe all those RBC analysts are worth something.

NihFin - 4 upvotes - source
If you guys want free money - calls on AMD next week before earnings NXPI and TXN and TSM have all reported and blew out earnings and guided higher

CanIBeLuckyForOnce - 3 upvotes - source
TXN puts

animositisomina35 - 2 upvotes - source
Nice earnings from TXN. Great for semis.

Iambadatleague - 2 upvotes - source
$TXN | Texas Instruments Q2 22 Earnings: - Revenue: $5.21B (exp $4.55B) - EPS: $2.4 (exp $2.12) - Sees Q3 Rev. $4.90b To $5.30b, Est. $4.94b - Sees Q3 EPS $2.23 To $2.51, Est. $2.26

ohnoh18 - 1 upvotes - source
TXN new tech darling LOL