Event Brief
On Semiconductor strikes $7B deal for Synaptics AI chips
Filed: Jun 25, 2026 at 6:00 PM ET
Summary: On Semiconductor agreed to buy Synaptics in a $7 billion deal to expand its physical AI market outlook.
WHO: On Semiconductor
WHAT: Agreed to a $7 billion deal to acquire Synaptics
WHEN: Jun 25, 2026 at 5:33 PM ET
WHERE: Location not specified
WHY: The deal is intended to expand On Semiconductor's total addressable market by $30 billion to $243 billion by 2030.
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