Texas Instruments on Wednesday agreed to buy Silicon Laboratories ⁠in a deal valuing the chip designer at $7.5 billion.
Dallas-based TI is an integrated device manufacturer that makes embedded processing chips and analog chips.
Texas Instruments shares have rebounded to all-time highs, but there could be more gains to come.
By Harshita Mary Varghese Feb 4 (Reuters) - Texas Instruments on Wednesday agreed to buy chip designer Silicon Laboratories ...
The acquisition strengthens its position in the foundational semiconductor technologies that underpin many data-driven and AI ...
By Arsheeya Bajwa Jan 27 (Reuters) - Texas Instruments forecast first-quarter revenue and profit above Wall Street estimates on Tuesday, betting on robust demand for its analog chips from booming AI ...
Texas Instruments has agreed a deal to buy chip designer Silicon Laboratories for $7.5bn as a wave of consolidation sweeps across the semiconductor industry. The two companies on Wednesday said Texas ...
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US chipmaker Texas Instruments has signed a deal to acquire chip designer Silicon Labs, both companies said Wednesday, in a transaction worth around $7.5 billion.