Texas Instruments stock boosted by more end-market visibility as outlook comes in light

Texas Instruments Inc. shares swung to a gain in the extended session Tuesday, with other chip-maker shares also gaining, after the analog chip bellwether gave Wall Street much better visibility into a hoped-for market recovery.

TI TXN shares, which had initially declined as much as 2.5% after hours as the company’s cautious outlook overshadowed its earnings beat, swung to a gain of around 1.5% by the close of the company’s call with analysts. Shares had finished Tuesday’s regular session down 3.7% to close at $169.39, while…