AcquisitionsJul 24, 2026, 09:41 AM
Texas Instruments to Acquire Silicon Labs for $7.5B; Q2 EPS $2.14
AI Summary
Texas Instruments announced a definitive agreement to acquire Silicon Labs for approximately $7.5 billion in an all-cash transaction, expected to close in the first half of 2027. For the second quarter of 2026, the company reported a significant increase in revenue to $5.46 billion, up 22.8% year-over-year, and diluted EPS of $2.14, a 51.8% increase. Year-to-date, revenue grew 20.8% to $10.29 billion, with diluted EPS up 42.0% to $3.82.
Key Highlights
- Texas Instruments to acquire Silicon Labs for approximately $7.5 billion, expected to close H1 2027.
- Q2 2026 Revenue increased 22.8% to $5.46 billion.
- Q2 2026 Diluted EPS rose 51.8% to $2.14.
- YTD 2026 Revenue grew 20.8% to $10.29 billion.
- YTD 2026 Diluted EPS increased 42.0% to $3.82.
- Analog segment Q2 revenue up 26.4% to $4.37 billion.
- Operating cash flow for six months was $4.22 billion, up 55.9%.
- Received $1.41 billion in total cash benefit from CHIPS Act incentives YTD.
Price Impact
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