** Shares of analog chipmaker Texas Instruments TXN.O fall ~5% to $190.66 premarket
** Stock set to snap 4-day winning streak, if losses hold
** TXN after market on Thursday forecast Q1 profit below estimates, hurt by inventory buildup in its key automotive and industrial markets
** Company projects Q1 revenue largely in line with estimates; Q4 revenue from auto and industrial markets down by single-digit percentage points sequentially
** China automotive market rebound was not enough to offset declines in Europe, U.S. and Japan, says CEO Haviv Ilan
** "It feels as if we're still bouncing along the bottom, with trends not getting appreciably better or worse" - TD Cowen analyst Joshua Buchalter
** TXN's inventory at Q4-end at $4.5 bln, an increase of $231 mln from Q3; higher inventory levels expected to impact near-term gross margin
** 12 of 35 brokerages rate the stock "buy" or higher, 19 "hold" and four "sell" or lower; median PT is $200 - LSEG data
** Shares rose ~10% in 2024
(Reporting by Deborah Sophia in Bengaluru)
((DeborahMary.Sophia@thomsonreuters.com))
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