Texas Instruments (TXN) -2.1% AH after using its mid-quarter update to guide for Q1 revenue of...

|About: Texas Instruments Inc. (TXN)|By:, SA News Editor

Texas Instruments (TXN) -2.1% AH after using its mid-quarter update to guide for Q1 revenue of $2.99B-$3.11B ($3.02B-$3.28B prior) and EPS of $0.15-$0.19 ($0.16-$0.24 prior). The chipmaker cites lower demand for wireless products, though it doesn't clarify whether the products are its application processors or baseband chips - TI is winding down the latter business. A CC starts at 5PM ET (webcast).