Texas Instruments Inc., the largest maker of analog semiconductors, reported first-quarter revenue of $4.07 billion, an increase of 11% year-over-year and 2% sequentially. Net income for the quarter was $1.18 billion, with earnings per share at $1.28, which included a 5-cent benefit not in the company's original guidance. Operating profit rose 3% and earnings per share increased 7%. The company provided a second-quarter revenue outlook of $4.17 billion to $4.53 billion, surpassing analyst estimates of $4.12 billion. The improved forecast follows stronger demand for industrial and automotive components, as well as sequential growth across most markets, aside from a seasonal decline in personal electronics. Revenue from the analog segment also jumped compared to last year. Shares of Texas Instruments rose between 5% and 8% in after-hours trading following the results and guidance. The company noted the increasing importance of supply location but does not anticipate a near-term impact to the current quarter from related uncertainties. Texas Instruments continues to expand its factory network in Texas and is transitioning to more advanced manufacturing technologies. The company remains cautious about evolving market conditions and is working closely with customers to monitor and support their needs.