onsemi Cuts Synaptics Deal to $5.7 Billion in All-Cash Revision After Rival Bid
onsemi and Synaptics revised their merger to an all-cash $5.7 billion deal after a rival bid, paying holders a fixed $123 a share.
onsemi and Synaptics revised their merger to an all-cash $5.7 billion deal after a rival bid, paying holders a fixed $123 a share.
onsemi’s AI data center segment is its fastest-growing business. The company projects revenue from this area will more than double in 2026 after strong Q2 results.
The move strengthens edge AI, sensing, and connectivity capabilities for autonomous vehicles, robotics, and intelligent edge devices.
Texas Instruments beat Q1 estimates, boosted by AI chip demand, strong auto & industrial recovery, and raised its Q2 outlook.