
onsemi to Acquire Synaptics for $7 Billion to Expand Total Addressable Market to $243 Billion
ON Semiconductor CorporationDescription
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
Full Story Script
Content not available for this story.