Texas Instruments Stock Leads Analog Chip Shares Lower
1. Texas Instruments shares fell over 7% after a poor profit forecast. 2. Jefferies analysts indicate slower recovery for the analog chip market. 3. Over 70% of products target auto and industrial sectors, facing headwinds. 4. Other chipmaker stocks also declined along with TXN, impacting major indexes. 5. Morningstar raised its price target, confident in long-term prospects.