- $SLAB shares have surged following reports that Texas Instruments will acquire the chip designer for $7,500,000,000.
- Texas Instruments will acquire chip designer Silicon Labs ($SLAB) for $7.5 billion.
- The acquisition price is $231 per share, representing a roughly 69% premium over $SLAB's closing price on Tuesday.
- News of the deal talks initially surfaced on Tuesday, causing $SLAB shares to surge in after-hours trading.
- The deal is valued at approximately $7 billion.
$SLAB shares have surged following reports that Texas Instruments will acquire the chip designer for $7,500,000,000.
Feb 4, 2026, 4:34:49 PM UTC(7 hours ago)
Impact: MediumAffected Assets
Sources
From:@YahooFinance
$SLAB rockets on reports that Texas Instruments will acquire the chip designer for $7,500,000,000. https://t.co/JYDZhQGTHW
