AISiliconANGLE4 days ago
Onsemi buys Synaptics in $7B all-stock deal
1 min read
Onsemi acquires Synaptics in a $7 billion all-stock deal to push into physical AI. Synaptics shareholders receive 1.35 Onsemi shares each. Onsemi stock fell 8% to $108.85. Synaptics stock rose 11% to $140. The deal targets edge AI and brings AI from data centers into the physical world.
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