The struggles continue for Texas Instruments Inc., which is seeing margin pressure and came up short of expectations with its fourth-quarter forecast.

After a prolonged slump in the market for analog and industrial chips, analysts had been hopeful for an industry rebound. But the company’s outlook “reflects a more normal seasonal decline as the cyclical upswing seems to be on pause for the analog group,” according to Jefferies analyst Blayne Curtis, referring to analog semiconductors. Texas Instruments

TXN is a leader in analog and embedded semiconductors that are used in a wide range of electronics, including industrial and automotive equipment.