(Reuters) – Texas Instruments forecast fourth-quarter revenue below analysts’ estimates on Tuesday as the analog chipmaker navigates a buildup in markets such as automotive that has forced customers to hold back on orders.
The company forecast revenue in the range of $3.70 billion to $4.0 billion, compared with analysts’ average estimate of $4.07 billion, according to data compiled by LSEG.
(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Sriraj Kalluvila)
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