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Reuters: Texas Instruments and 3 others cut chip sales targets

Started by chris, December 09, 2008, 02:59:15 AM

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chris

Texas Instruments and 3 others cut chip sales targets
      


NEW YORK/SAN FRANCISCO (Reuters) - Chip maker Texas Instruments Inc  and smaller rival National Semiconductor Corp  have slashed current-quarter revenue forecasts to far below Wall Street expectations, as demand for cell phone and analog chips came to a virtual standstill.<div class="feedflare">
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