Texas Instruments (TXN) achieved a remarkable 19% revenue growth in Q1 2026, reporting $4.83 billion in revenue that beat expectations by $298 million. The company's data center segment notably surged with a 90% increase year-over-year, highlighting robust demand for semiconductors. In a strategic move, Texas Instruments announced its acquisition of Silicon Labs for $7.5 billion, aiming for $450 million in annual cost savings. Following the earnings report, shares surged 19.4%, reflecting investor confidence as the company positions itself for continued growth.