** Shares in chipmaker Texas Instruments TXN.O up 1.6% on Wed with Q2 earnings report due out after market close

** Wall Street analysts see Q2 adj EPS of $1.93 vs $1.41 in year-ago quarter and revenue of $5.248 bln vs $4.448 bln year-ago, according to LSEG

** In the last eight quarters, TXN's rev beat Street expectations while EPS beat expectations six times

** In April, TXN forecast second-quarter revenue and profit above Wall Street expectations at the time as the co expected a boost in demand for its analog chips amid the data center boom, sending its shares up more than 19% in the next session.

** YTD shares in TXN up 70% vs 18% gain in S&P 500 technology index .SPLRCT and 76% gain in Philadelphia semiconductor index .SOX

** TXN last traded near $296 vs median PT of $300, as per LSEG, which shows 39 analyst ratings: 6 'strong buy,' 10 'buy,' 20 'hold,' 2 'sell' and 1 'strong sell'