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SLAB News
SLAB Events
Silicon Labs Opens New R&D Lab in Austin, Secures $23M Funding
Silicon Labs celebrated the opening of its new research and development laboratory for advanced chip design and testing in Austin. The new R&D laboratory, made possible in part through a $23M grant from the Texas Semiconductor Innovation Fund established by the Texas CHIPS Act, was officially opened during a ribbon-cutting ceremony attended by Silicon Labs senior leaders and employees alongside representatives from the State of Texas.
Silicon Labs Reports Q2 Revenue of $228M
Reports Q2 revenue $228M, consensus $227.73M. "We delivered revenue of $228M, continuing our strong sequential and year-over-year growth - a testament to the execution and dedication of the Silicon Labs team," said Matt Johnson, President and CEO. "Overall profitability improved meaningfully in the quarter, demonstrating the operating leverage inherent in our model. Gross margin was nearly 62%, reflecting the value customers place on our industry-leading solutions."
Silicon Labs and Signify Collaborate on Philips Hue Smart Bulbs with Multi-Protocol Support
Silicon Labs and Signify announced their collaboration to bring concurrent multiprotocol communications to select Philips Hue smart bulbs, enabling support for both Zigbee and Matter over Thread concurrently on a single device.
Silicon Labs Reports Q1 Revenue of $213.5M
Reports Q1 revenue $213.5M, consensus $214.03M. "The Silicon Labs team delivered a strong start to 2026 with revenue of $214 million and meaningful year-over-year improvements in both gross margin and profitability," said Matt Johnson, President and Chief Executive Officer. "Over the course of the quarter we saw an acceleration in bookings with declining inventory positions at our distributors and end customers, led by our broad industrial business. Design win momentum continued during the first quarter, exceeding both our internal targets and our 2025 run rate, which was a prior record year for the company. This performance underscores the breadth and depth of our innovative product portfolio across end applications. Our leading indicators point to both near- and long-term strength, with book-to-bill ratio at a multi-year high and two quarters of record design wins, reinforcing our conviction in Silicon Labs' durable growth trajectory. At the same time, our proposed merger with Texas Instruments continues to advance, and we remain focused on disciplined execution and delivering for our customers."
Texas Instruments Updates CapEx Plans and Acquisition of Silicon Labs
For 2027 and beyond, CapEx will continue to depend on revenue and expected growth, the company said in prepared remarks ahead of its 2026 capital management call. "For 2027 and beyond, CapEx will continue to depend on revenue and expected growth. Our long-term objective remains the same, to support new technology development, revenue growth and extend our low-cost manufacturing advantage," the company added. TI (TXN) also updated its inventory days target to 150-250 days. "We plan to fund the recently announced acquisition of Silicon Labs (SLAB) through a combination of cash on hand as well as debt financing that we will arrange prior to closing. Silicon Labs will enhance our leadership in embedded wireless connectivity solutions, and we expect it to close in the first half of 2027," TI said. Says commitment to return all FCF over time is "unchanged."
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