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Texas Instruments Forecast Points to Weak Electronics Demand

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Texas Instruments Inc., the largest maker of analog semiconductors, predicted sales and profit that may fall short of analysts’ estimates on weaker orders from communications and personal-computer equipment makers.

Third-quarter net income will be 62 cents to 72 cents a share on sales of $3.15 billion to $3.41 billion, the Dallas-based company said Wednesday in a statement. That compared with analysts’ average estimates for profit of 75 cents a share on revenue of $3.45 billion, according to data compiled by Bloomberg.