TI's Weak Guidance Signals More Uncertainty

Templeton said TI is focused on strengthening its positions in Analog and Embedded processing. "These areas are complementary and benefit from TI's extensive and expanding relationships with customers around the world," he explained, in the company's statement. "As we continue to broaden our portfolio of leadership products, especially our standard catalog products, we enhance our ability to serve these customers."

Shares of Texas Instruments slipped 1.01% to $26.55 in extended trading.

--Written by James Rogers in New York.

Follow @jamesjrogers

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