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Chip Stocks Fall After Texas Instruments, STMicro Report Slowing Demand

Chip Stocks Fall After Texas Instruments, STMicro Report Slowing Demand

Semiconductor stocks slumped on Wednesday after Texas Instruments Inc. (NASDAQ: TXN) and Franco-Italian chipmaker STMicroelectronics NV (NYSE: STM) warned of slowing demand.While TI shares were down 6% in premarket trading, STMicro's stock ..