Analysts are expecting Texas Instruments (TXN) to cut its Q3 guidance during Thursday's...

|About: Texas Instruments Inc. (TXN)|By:, SA News Editor
Analysts are expecting Texas Instruments (TXN) to cut its Q3 guidance during Thursday's mid-quarter update. Stifel Nicholas is cutting its estimates in advance, citing weak orders and pessimism regarding 2H demand. Rival analog chipmaker Fairchild (FCS) warned earlier today, though shares are now up 0.7%, a sign the bad news was priced in.