Onsemi Bets $7 Billion on Synaptics to Expand AI Device Business

Onsemi’s biggest acquisition yet aims to strengthen its position in AI-powered devices, robotics and industrial automation as chipmakers look beyond data centres for growth. Onsemi is placing its biggest bet yet on the future of AI-powered devices, agreeing to acquire Synaptics in an all-stock transaction worth around $7 billion as it expands beyond its traditional […]