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Texas Instruments Eyes $7B Silicon Labs Acquisition Amid Chip Demand

2/4/2026

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Story summary
  • Texas Instruments (TXN.O.) is in advanced talks to acquire Silicon Laboratories (SLAB.O) for about $7 billion, according to a source, with an announcement possible soon.
  • Silicon Laboratories (SLAB.O) shares rose 34% in after-hours trading.
  • Texas Instruments' shares fell 2.4%.
  • The deal reflects growing demand for chips as technology companies enhance their computing infrastructure for AI.
  • Negotiations may still collapse.