Silicon Laboratories (SLAB) stock experienced a dramatic surge on Wednesday after Texas Instruments (TXN) announced an all-cash agreement to acquire the wireless chip specialist for approximately $7.5 billion, agreeing to pay $231 per share, a significant premium over the company’s recent trading levels. The market’s reaction was swift; Silicon Labs shares jumped as much as 48.9% intraday, reflecting investor enthusiasm over the deal’s size and strategic implications. Texas Instruments is aiming to build ...