Texas Instruments falls after forecasting Q3 profit below estimates

Shares of chipmaker Texas Instruments TXN.O fall 10% to $193.33 after the bell

TXN expects Q3 EPS between $1.36 and $1.60, with midpoint coming below estimates of $1.49, according to LSEG

Sees Q3 revenue between $4.45 billion and $4.80 billion vs estimate of $4.59 billion

Company says its forecast "does not include changes related to recently enacted U.S. tax legislation"

TXN's capital expenditures in Q2 stood at $1.31 billion, up more than 22% from a year ago

Posts Q2 revenue of $4.45 billion, compared with estimates of $4.36 billion

TXN had risen 14.6% YTD