Silicon Labs (SLAB) rose 52%, reaching an intraday high since January 2022Wallstreetcn·Feb 4 at 02:36 PMFTXL-1.66%XSD-1.34%
Texas Instruments will acquire Silicon Labs for $231 per share in cashWallstreetcn·Feb 4 at 12:03 PMFTXL-1.66%SOXX-1.61%
According to the Financial Times, Texas Instruments is in talks to acquire Silicon Laboratories. Silicon Laboratories rose 40% in after-hours tradingWallstreetcn·Feb 3 at 09:05 PMSOXL-4.67%SOXX-1.61%
The Philadelphia Semiconductor Index rose more than 2.5%, reaching 5165.247 points, setting an intraday high since February 21. Nuvoton Technology surged over 21.3%, while Wolfspeed and ETF SOXL increased by more than 8%. Other companies such as Axcelis, Entegris, Silicon Labs, AMD, Lattice Semicon, Intel, and ON Semiconductor all saw gains of over 4%. Cisco, on the other hand, fell by more than 0.2%Wallstreetcn·Jun 9, 2025 at 02:27 PMON-1.17%SLAB-0.07%