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 Instruments Inc., a key chipmaker for producers of cars and factory equipment, tumbled in late trading after stoking concerns that a tariff-fueled surge in demand will be short-lived.

Texas Instruments said it expects current quarter earnings between $1.36 and $1.60 per share, while analysts were looking for $1.50 per share. The company forecast revenue of $4.45 billion to $4.8 billion, for a midpoint of $4.625 billion. analysts were expecting revenue of $4.59 billion.