The chip industry bellwether's dour outlook was also echoed by peers such as Intel Corp INTC.O and Micron Technology MU.O. The consumer electronics segment had taken the first hit when red-hot inflation drove people to abandon discretionary spending on smartphones and PCs, but TI in October warned that most of its end-markets were starting to feel the pinch. Summit Insights Group analyst Kinngai Chan said orders in the automotive market have begun to moderate but haven't turned negative yet.