SHFE Tin to Trade in Tight Range (2017-5-8)

[SMM Tin Midday Review: SHFE Tin Contracts Fell Over 7% Today, Macro Pullback Coupled with Holiday Impact Limited Overall Demand Recovery]

Texas Instruments (TXN.O) has agreed to acquire chipmaker Silicon Labs for $7.5 billion. According to a joint statement released by the two companies, shareholders of Silicon Labs will receive $231 in cash per share. The transaction is expected to be completed in H1 2027. Silicon Labs' chips are widely used in smart home devices, industrial automation, battery ESS, and commercial lighting, among other fields. Through this acquisition, Texas Instruments demonstrates its continued focus on its core business. Last week, the world's largest analog chip manufacturer issued a surprisingly strong sales guidance, indicating that demand from industrial clients and automakers is recovering. Due to its significant role in the global supply chain, Texas Instruments has, to some extent, become a barometer of the overall economy, reflecting enterprises' confidence in future sales prospects.

Nasdaq is considering introducing a "fast entry" rule to accelerate the inclusion of newly listed large companies. The proposed amendment would allow newly listed firms to join the Nasdaq-100 Index after just 15 trading days, significantly shorter than the current waiting period of at least three months. This move aims to make the index more reflective of the market in a timely manner. In the current environment, enterprises often delay their listings for years, and once they enter the public market, they release substantial market capitalization. Companies expected to go public this year include SpaceX, which could reach a potential valuation of $1.3 trillion, making it one of the largest companies by market value in the Nasdaq-100 Index. The "fast entry" rule is part of an industry consultation proposal, with discussions expected to conclude later this month. If approved by the Nasdaq Index Committee after the consultation period, the adjustment will take effect following the quarterly rebalancing in March.