• Silicon Labs surges 10% on report the company is exploring a potential breakup and sale of its analog chip business

    10 days ago - By Business Insider

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    The semiconductor company's stock jumped after Bloomberg's report that the company is exploring its business options.
    The analog chip unit could sell for $2 billion to $3 billion, according to sources in the report.
    Silicon Labs hasn't made any final decisions about what it plans to do with its operations.
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    Silicon Laboratories stock leapt 10% on Friday following a report the semiconductor manufacturer is exploring a breakup and considering selling its analog chip business. The unit could sell for $2 billion...
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