Texas Instruments' quarterly profit forecast failed to impress investors as it pointed to weaker-than-expected demand for its analog chips from some customers and underscored tariff-related uncertainty.

Texas Democrats have threatened a walkout over President Trump's push to redraw the state's congressional map. Texas legislators began their special session on Tuesday. John C. Moritz, the chief political reporter for the Austin American-Statesman,

The governor eventually agreed to include redistricting on his special session agenda after discussing the matter with the president on a phone call.

Texas Republicans launched a high-risk, high-reward redrawing of the state's 38 congressional districts, a move championed by President Donald Trump to protect the party's narrow House majority in next year's midterm elections.

Texas Instruments forecast third-quarter revenue above Wall Street estimates on Tuesday, signaling recovering demand for its analog chips even as U.S. tariff negotiations lead to macroeconomic uncertainty.

Texas Instruments Inc., a key chipmaker for producers of cars and factory equipment, declined in late trading after giving a revenue forecast that fell short of the most bullish estimates.