Texas Instruments kicks off chip earnings season with some words of caution

Texas Instruments Inc. started chip earnings season with some cautious signals. The chip maker, which historically reports early in the earnings cycle and is seen as a semiconductor-industry bellwether, called out “increasing weakness across industrial and a sequential decline in automotive” as it came up shy with its forecast for the current quarter.Texas Instruments TXN, -0.28% anticipates $3.45 billion to $3.75 billion in revenue for the ongoing quarter, along with 96 cents to $1.16 in earnings per share ...