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Barchart
Barchart
Aditya Raghunath

Why On Semiconductor Is Betting Big on AI Power and What Its $5.7 Billion Bet Means for ON Stock

On Onsemi Synaptics ON Semiconductor Semiconductor

Earlier this year, On Semiconductor (ON) agreed to buy Synaptics (SYNA), a company known for human interface and sensing chips. Soon after, an unexpected third party provided a competing offer.

When the dust settled, the deal took a different shape. Onsemi's CEO insists it changed in his shareholders' favor.

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