Texas Instruments Inc. shares slipped in the extended session Tuesday even after the chipmaker topped Wall Street estimates for the quarter. Texas Instruments shares declined 0.2% to $96.30 after hours. The company reported third-quarter net income of $1.29 billion, or $1.26 a share, compared with $1.02 billion, or 98 cents a share, in the year-ago period. The $1.26 a share in earnings included a 2-cents-a-share tax benefit. Revenue rose to $4.12 billion from $3.68 billion in the year-ago period. Analysts surveyed by FactSet had estimated earnings of $1.12 a share on revenue of $3.91 billion. For the fourth quarter, Texas Instruments estimates earnings of $1.01 to $1.15 a share on revenue of $3.57 billion to $3.87 billion. Analysts expect earnings of $1.01 a share on revenue of $3.67 billion.
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