Texas Instruments Forecasts Profit That Trails Estimates

Texas Instruments Inc., the largest analog-chip maker, forecast sales and profit that may fall short of analysts’ estimates as some customers cut orders ahead of an anticipated slowdown in demand for their products.

Fourth-quarter profit will be 42 cents to 50 cents a share on revenue of $2.86 billion to $3.1 billion, the Dallas-based company said yesterday in a statement. That compares with average analyst estimates of 51 cents and $3.11 billion, according to data compiled by Bloomberg.