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On Semiconductor Acquires Synaptics for $7 Billion in AI Push

Updated 2026-06-25 21:25 UTC 1 source Positive

On Semiconductor announced a $7 billion deal to acquire Synaptics, expanding its total addressable market by $30 billion to $243 billion by 2030. The acquisition aims to strengthen the company's position in physical AI technology.

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CNBC
On Semiconductor said the deal bumps up its total addressable market by $30 billion to $243 billion by 2030.
2026-06-25 21:07 UTC
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