New York, February 7, 2026, 19:22 EST — The session wrapped up for the day.
- Texas Instruments closed out Friday at $221.44, slipping roughly 1.2%.
- The company’s latest 8-K outlines tweaks to its bylaws, specifying the jurisdictions for certain shareholder lawsuits.
- Fresh SEC Form 4 filings show two insiders selling shares after exercising options.
Texas Instruments Incorporated slipped 1.15% to finish Friday at $221.44, bucking a generally upbeat week for chip stocks. Shares moved in a range from $218.59 up to $227.02. Volume landed at roughly 9.4 million shares.
The lag made a difference as investors piled into semiconductor stocks following a surge in Big Tech’s capex devoted to AI infrastructure. The PHLX semiconductor index soared 5.7% on Friday. Nvidia shot up 7.8%, while AMD and Broadcom both tacked on gains of more than 7%, according to Reuters. “There’s real demand for AI products… a certain set of investors that steps in,” said Ross Mayfield, investment strategy analyst at Baird. Reuters
Investors showed more willingness to take on risk after tech stocks took a hit earlier this week. “The market looks like it was getting a bit overdone to the downside,” said Robert Pavlik, senior portfolio manager at Dakota Wealth, speaking to Reuters. Reuters
Texas Instruments dropped an 8-K ahead of Monday, worth a close look from investors. The board signed off on bylaw tweaks that will direct specific Delaware corporate-law and derivative suits into Delaware courts, and push Securities Act claims into U.S. federal district courts.
In a separate disclosure, Senior Vice President Ahmad Bahai exercised stock options for 3,000 shares at $79.26 apiece on Feb. 5, according to a Form 4 filing. He then sold those 3,000 shares at a weighted average price of $223.4622. Following these trades, Bahai’s direct holdings came to 42,488 shares. Form 4 is the standard SEC insider-trading report.
Director Mark A. Blinn disclosed unloading 3,144 shares on Feb. 5, fetching a weighted average of $221.5798 apiece, following several option exercises, per a new Form 4 filing. His direct holdings now stand at 11,670 shares, with more shares shown as indirectly owned via trusts.
The headline deal remains Texas Instruments snapping up Silicon Labs for $231 per share in cash, which values the transaction around $7.5 billion. TI CEO Haviv Ilan called it “a significant milestone.” Silicon Labs’ Matt Johnson said joining forces would let them “serve more customers and accelerate innovation.” Nasdaq
Texas Instruments is putting down a 69% premium over Silicon Labs’ last unaffected share price, Reuters noted, marking its biggest deal since snapping up National Semiconductor in 2011. The company’s aiming for about $450 million in yearly operational savings within three years. Closing is slated for the first half of 2027, pending regulatory sign-off.
Texas Instruments has been contending with a late-January shift in expectations on the fundamentals front. Back then, the company projected first-quarter revenue and profit ahead of Wall Street’s forecasts, crediting demand for its analog chips used in data center expansion. Ilan noted that data center revenue jumped 70% year-over-year in the fourth quarter, accounting for 9% of overall sales.
But here’s the snag: TI remains tied to sluggish industrial and auto markets, and bringing Silicon Labs into the mix just piles on another hurdle. The chip sector keeps swinging back and forth, jolted by every AI spending headline and margin update.
Then there’s the macro backdrop. The U.S. Bureau of Labor Statistics delayed both the January jobs data and CPI release thanks to the brief government shutdown, pushing those high-impact numbers further into February.
The Bureau of Labor Statistics has scheduled the January Employment Situation report for Wednesday, Feb. 11, at 8:30 a.m. ET, while the January CPI is set to follow on Friday, Feb. 13, at the same time. The CPI remains the primary government gauge of consumer-price inflation and heavily factors into outlooks for interest rates.
TXN heads into Monday with eyes on whether buyers step in after Friday’s fall, as AI names elsewhere in the chip sector kept rallying. Outside of any fresh disclosures related to the Silicon Labs deal, the next key dates on the calendar are Feb. 11 for jobs and Feb. 13 for CPI.
