(Reuters) –Texas Instruments Inc. forecasts second quarter revenue below Wall Street estimates Tuesday. The company was hit by lower demand due to COVID-19 Chinese restrictions. This sent its shares down 7%

Company’s sales have been hampered by supply chain bottlenecks due to rolling Chinese lockdowns, and the high demand of electronic equipment.

Texas Instruments’ (NASDAQ:) second-quarter revenue is expected to range between $4.20 billion to $4.80 billion. Analysts were expecting $4.94 trillion, but Texas Instruments expects $4.20 billion to $4.80 billion. According to IBES data by Refinitiv.

Texas Instruments has had to deal with slowing PC demand, but a shortage in components and equipment for making chips has also hampered its ability to produce to support strong demand from automotive markets.

Revenue for the first quarter of 2009 was $4.91 billion, up from $4.29 billion one year prior. According to IBES data by Refinitiv, analysts expected revenue of $4.74 trillion.