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Texas Instruments Again Lowers First-Quarter Outlook
Updated from 7:50 a.m. ET
Sound familiar? Texas Instruments (TXN Quote) this morning warned of lower-than-expected revenue in the first quarter. It cited the woes of the season: weakening demand, higher inventories and a limited visibility to predict its future given soft economic conditions.
This is the second time in about a month the chipmaker has lowered expectations for the first quarter. ...
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