Silicon Laboratories

The shares of Silicon Laboratories rose to an all-time high of $222.49 and are currently trading around $221.80, roughly 1% below the 52-week high. The stock gained 62.91% over the past year and is up 68.87% year-to-date, supported by revenue growth of 21.71% in the last twelve months. In the second quarter the company beat expectations with adjusted EPS of $0.71 (consensus $0.70) and revenue of $228.18 million (up 18% year-over-year). Segment reports showed particularly strong growth in the medical area at 78%, and adjusted gross margin was 61.9%. » More on de.investing.com

Silicon Labs operated a 200-node Matter-over-Thread validation network in its Boston office, demonstrating 100% commissioning success and consistent multicast and unicast performance. The deployment showed resilience to real-world interference from active Wi‑Fi and Bluetooth and confirmed scalability for commercial buildings, multi-dwelling units and industrial IoT. The test used the OpenThread Border Router and Silicon Labs' Concurrent Multiprotocol technology to enable multi-protocol device support without specialized engineering. » More on finance.yahoo.com

Silicon Laboratories' stock rose to a record high of $218.74 and is currently trading at $218.79 with a market capitalization of $7.2 billion. Over the past year the stock delivered a total return of 79%; revenue growth for the last twelve months was 25% and three analysts recently raised their earnings estimates. An InvestingPro analysis rates the stock as relatively overvalued. Shareholders approved the merger with Texas Instruments, which will make Silicon Laboratories a wholly owned subsidiary of Texas Instruments; there were also promotions and new board elections. » More on de.investing.com

Shareholders of Silicon Laboratories voted at a virtual extraordinary general meeting to approve the planned merger with Texas Instruments, which will make Silicon Laboratories a wholly owned subsidiary of Texas Instruments upon closing. The merger agreement provides for a cash consideration of USD 231 per share and values the transaction at about USD 7.5 billion. Of 32,968,416 shares, roughly 78.5% were represented; the merger proposal received overwhelming approval. Closing of the acquisition remains subject to customary conditions and regulatory approvals and is expected in the first half of 2027. » More on de.investing.com

Silicon Labs appoints Dr. Aslam Rafi, a 26-year company veteran and inventor on more than 112 patents, as senior fellow, the company’s highest technical role. Rafi leads work on RF and analog technologies for cellular, broadcast, timing and wireless IoT applications and has been instrumental to Silicon Labs’ leadership in wireless. The promotion recognizes his technical excellence, influence on the engineering culture and commercial contributions. » More on de.investing.com