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Here's Why ON Semiconductor Just Made a $7 Billion Bet on AI

By finance.yahoo.comJuly 17, 2026 · 1 min read

It's fair to say that ON Semiconductor's (NASDAQ: ON) $7 billion acquisition of artificial intelligence (AI) edge solutions company Synaptics (NASDAQ: SYNA) didn't receive a warm welcome from the market. The stock sold off sharply on the announcement and has …

It's fair to say that ON Semiconductor's (NASDAQ: ON) $7 billion acquisition of artificial intelligence (AI) edge solutions company Synaptics (NASDAQ: SYNA) didn't receive a warm welcome from the mar…

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