As Texas Instruments predicted, auto-chip sales are the only bright spot, and shares are calm

A previous version of this report incorrectly stated FactSet estimates for fourth-quarter earnings.

Texas Instruments Inc. shares were relatively placid in the extended session Tuesday after the analog chip maker’s earnings topped low expectations, and offered an outlook that stretched against analysts’ expectations.

Shares of Texas Instruments
TXN,
-0.63%

were down 1% in after-hours trading, following a 0.7% decline in the…

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