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ON Semiconductor’s (ON) Synaptics Acquisition Draws Caution From TD Cowen
Insider Monkey43d agoneutral
ON Semiconductor’s (ON) Synaptics Acquisition Draws Caution From TD Cowen

ON Semiconductor Corporation (NASDAQ:ON) is one of the 14 AI Stocks Making Moves on Wall Street: Nvidia, Micron, and More. Recently, ON Semiconductor was in the news related to announced plans for buying Synaptics, an American neural network technologies and computer-to-human interface devices development company, for an estimated $7 billion, its largest acquisition ever. However, […]

This Week In AI Chips - Onsemi Expands Into Physical AI With Synaptics Acquisition
Simply Wall St.47d agoneutral
This Week In AI Chips - Onsemi Expands Into Physical AI With Synaptics Acquisition

onsemi has announced its agreement to acquire Synaptics for approximately $7 billion, signaling a significant expansion into "Physical AI" systems. This acquisition is part of onsemi's strategic initiative to enhance its capabilities by integrating Synaptics’ Edge AI compute solutions, which will help onsemi address broader end markets including automotive and industrial sectors. The transaction is expected to position onsemi at the intersection of power, sensing, connected computing, and...

ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.
Barrons.com47d agoneutral
ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.

ON Semiconductor has agreed to buy internet-of-things company Synaptics as it vies to bring artificial-intelligence from data centers into the physical world. Synaptics shareholders will receive 1.35 shares of Onsemi stock for each Synaptics share in the all-stock deal, representing an enterprise value of around $7 billion. Onsemi stock dropped 14% to $102.35 in premarket trading Friday.

ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.
Barrons.com48d agobearish
ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.

ON Semiconductor has agreed to buy internet-of-things company Synaptics as it vies to bring artificial-intelligence from data centers into the physical world. Synaptics shareholders will receive 1.35 shares of Onsemi stock for each Synaptics share in the all-stock deal, representing an enterprise value of around $7 billion. Onsemi stock dropped 8.3% to $108.85 in after-hours trading Thursday.

Investing.com48d agoneutral
Onsemi bets on physical AI with $7 billion Synaptics acquisition

Investing.com -- Chipmaker onsemi will acquire Synaptics in an all-stock transaction valued at approximately $7 billion, a deal aimed at expanding its presence in artificial intelligence-driven intelligent systems and strengthening its position in emerging Physical AI applications.