ON Semi to acquire Synaptics in all-stock deal, expanding capabilities in AI and edge-based applications. Analysts downgrade stock after deal.

June 25 : Onsemi said on Thursday it had agreed to acquire Synaptics in an all-stock deal valued at about $7 billion, potentially broadening the chipmaker's presence in the…

Onsemi will acquire Synaptics in a $7 billion all-stock deal at a 19% premium, targeting Edge AI and Physical AI markets with $200 million in expected