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TI Paints It Bleak

Stock quotes in this article: TXN , ALTR , XKNX , NSM  

Updated from 4:59 p.m. EST

Texas Instruments(TXN Quote) workers will be home for the holidays.

That's bad news for TI's business.

The Dallas-based company said it will idle some of its factories during the holidays, one of many steps TI is taking to rein in costs and inventory in the face of weak demand for its chips. ...

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