New York, Feb 3, 2026, 18:26 EST — After-hours
Texas Instruments (TXN.O) hovered around $225 in after-hours trading Tuesday, following a Financial Times report that it’s close to a $7 billion deal to acquire Silicon Laboratories. Shares of Silicon Labs jumped 28%, while Texas Instruments slipped about 1% in extended hours. Reuters has yet to verify the report. The stock finished the regular session up slightly, gaining 0.13% to close at $225.21.
The chatter matters because a deal of that size would rank among TI’s largest in recent years, possibly shifting how investors see its capital spending plans. The company’s last major acquisition came in 2011, when it shelled out roughly $6.5 billion in cash to buy National Semiconductor.
The timing couldn’t be worse. The Nasdaq Composite fell 1.43%, while the S&P 500 slid 0.84%, as investors grew wary that emerging AI tools could squeeze margins in software and services. “Many areas, especially around AI, are priced for perfection,” said John Campbell of Allspring Global Investments. Art Hogan, chief market strategist at B. Riley Wealth, noted, “We’re seeing a lot of software companies across the spectrum get hit.” Reuters
Silicon Labs produces wireless chips and modules that connect devices via Bluetooth, Wi‑Fi, and other protocols. The firm commands a solid spot in the Internet of Things space, which spans from smart-home devices to industrial sensors.
Texas Instruments designs and produces analog and embedded processing chips used in industrial and automotive markets, as well as in data centers, personal electronics, and communications gear, the company says.
TI eked out a small gain during regular trading, bucking the trend among chipmakers. NXP Semiconductors fell 4.51%, while Analog Devices slipped 1.76%, MarketWatch data showed.
Deal talks can still fall apart before any handshake. If a deal goes through, investors will zero in on the price, possible regulatory challenges, and whether TI can successfully integrate a wireless-focused unit without alienating its core customers.
Traders now await confirmation or denial in the coming days, along with any new filings, while watching how TXN starts Wednesday’s session. TI has scheduled a capital management webcast for Feb. 24 at 10 a.m. Central time.
