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onsemi to Acquire Synaptics for $7 Billion to Expand Total Addressable Market to $243 Billion

ON8-KFiling Date: 6/25/2026
ON Semiconductor Corporation
Description

What this story covers

onsemi is acquiring Synaptics in an all-stock $7 billion deal to pivot toward "Physical AI." The move aims to increase its total addressable market to $243 billion by 2030, targeting autonomous driving, robotics, and AI data centers.

Story snapshot

CompanyON Semiconductor Corporation
TickerON
VariantStandard detailed
Duration4:03
Filing type8-K
PeriodQ2 2026
IndustryTechnology
Accession0001140361-26-026395
Sources1

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Primary Sources

sec_filing8-KView on SEC.gov →

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