Silicon Labs Pre-Market Surge 49% As TI Enters $7.5B Buyout Discussions

Silicon Labs (NASDAQ:SLAB) rose more than 49% in pre-market trading on February 4, 2026, amid reports that Texas Instruments (NASDAQ:TXIN) is entering $7.5 billion buyout discussions. The move reflects heightened speculation of a potential acquisition, driving speculative buying in the semiconductor sector. Supporting context: The Nasdaq Composite closed at 16,423.59 on February 3, 2026. Analysts estimate SLAB's market cap is around $14.2 billion, with a P/E ratio of 12.8x. TI's preliminary proposal, if advanced, would mark the largest semiconductor acquisition in history, valued at over 70% of its own market cap.