BREAKING NEWS: Texas Instruments Slashes 4Q Outlook, Shares Down 4%

After the bell Thursday, Texas Instruments cut its 4Q revenue and EPS outlook, sending the shares down by 4%. The chip-maker expects to earn 21 cents to 25 cents a share on revenue of $3.19-$3.33 billion, versus previous expectations of 28 cents to 36 cents on sales of $3.26 billion to $3.54 billion.

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