Texas Instruments Snaps Up Chip Designer Silicon Labs for $7.5B

Texas hold ’em… and AI is part of the game.
Texas Instruments will acquire Silicon Labs in a $7.5 billion all-cash transaction, a move that significantly expands Texas Instruments’ position in embedded wireless connectivity and deepens its reach across fast-growing industrial, automotive, and Internet of Things markets.
While Texas Instruments is not a direct competitor to AI chip leaders such as Nvidia and AMD, the acquisition strengthens its position in the foundational semi