Analysts are sharply divided on whether Texas Instruments' (TXN +0.6%) narrowing of its Q4...

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

Analysts are sharply divided on whether Texas Instruments' (TXN +0.6%) narrowing of its Q4 forecast is a "short, shallow correction" or something more serious. On one side, semiconductor inventories are at appropriate levels and the industry is headed for a “soft landing.” Or, an order contraction is coming, and TXN’s distribution business is “likely at its lowest point in over a year.”