Analog chipmaker Onsemi buys Synaptics in $7B all-stock deal to push into physical AI

Arizona-based chipmaker Onsemi today announced plans to acquire the “Internet of Things” and computer interface technology firm Synaptics Inc. in a deal valued at around $7 billion. The deal will help Onsemi, officially known as Semiconductor Components Industries LLC, pursue its ambitions in “physical AI,” and bring artificial intelligence from massive cloud-based data centers into […] The post Analog chipmaker Onsemi buys Synaptics in $7B all-stock deal to push into physical AI appeared first