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Benzinga
Benzinga
Business
Anusuya Lahiri

ON Semiconductor Jumps After Nvidia Deal—Is This The Next Big AI Power Play?

ON Semiconductor Nvidia Semiconductor Nasdaq Donald Trump United States
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ON Semiconductor (NASDAQ:ON) announced a collaboration with Nvidia (NASDAQ:NVDA) on Tuesday to accelerate the transition to 800 Volt Direct Current (VDC) power architectures, a critical advancement for improving efficiency, density, and sustainability in next-generation AI data centers.

On Semiconductor stock gained after the update.

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