onsemi to Acquire Synaptics in $7 Billion All-Stock Deal
onsemi is set to acquire Synaptics in a $7 billion all-stock transaction, aiming to bolster its physical AI strategy and expand its market presence. The acquisition, expected to close by mid-2027, will merge onsemi's power semiconductors and sensing products with Synaptics' edge AI and wireless connectivity technologies. This move is projected to expand onsemi's addressable market to $243 billion by 2030 and generate $200 million in annual cost synergies.
Onsemi to acquire Synaptics in $7B all-stock deal to expand AI chip portfolio
Scottsdale-based ON Semiconductor Corp. (Onsemi) has agreed to acquire San Jose-based Synaptics Inc. in an all-stock deal valued at $7 billion. This acquisition aims to expand Onsemi's portfolio in AI-powered devices and intelligent systems by combining its power management and sensing technologies with Synaptics' edge AI processors and wireless connectivity products. The deal, which offers Synaptics shareholders a 19% premium, targets the growing demand for AI systems in various real-world applications.
Enova International Stock Rockets 22% With 8-Day Winning Streak
Enova International (ENVA) stock experienced an 8-day winning streak, boosting its market cap by $1.0 billion to $5.7 billion with cumulative gains of 22%. Despite this surge and the company's moderate operating performance and financial condition, Trefis rates the stock as "Risky" due to its valuation, suggesting that informed decisions require predictive signals rather than notifications of past events. The article also provides a performance comparison with the S&P 500 and highlights key financial metrics for Enova International.
ON Semiconductor, SanDisk And Other Big Stocks Moving Lower In Friday’s Pre-Market Session
U.S. stock futures were down on Friday, with many individual stocks seeing declines in pre-market trading. ON Semiconductor (ON) shares dropped significantly after announcing an all-stock acquisition of Synaptics (SYNA) for approximately $7 billion. Other companies like Omeros, PTL Ltd, Tower Semiconductor, and Getty Images Holdings also experienced pre-market dips.
Leadershares Alphafactor US Core Equity ETF's ON Semiconductor Corp(ON) Holding History
Leadershares Alphafactor US Core Equity ETF holds 17,496.00 shares of ON Semiconductor Corp (ON), valued at $1.76 million as of April 30, 2026. This investment represents 1.57% of their stock portfolio, with an estimated gain of $374,764.32, marking a 30.94% return. The initial purchase was made in Q2 2026 at an average price of $69.23 per share.
[425] SYNAPTICS Inc Business Combination Communication | SYNA SEC Filing - Form 425
ON Semiconductor Corp has announced its intent to acquire Synaptics in an all-stock deal valued at approximately $7 billion. Synaptics shareholders will receive 1.350 shares of onsemi common stock for each Synaptics share, representing a 19% premium. This acquisition aims to accelerate growth in "physical AI" by combining Synaptics' connected-computing platform with onsemi's strengths in automotive, power, and industrial markets, with an expected increase of $30 billion in targetable markets by 2030.
Analysts Offer Insights on Technology Companies: Elastic (ESTC) and ON Semiconductor (ON)
This article highlights bullish sentiments from analysts regarding two technology companies: Elastic (ESTC) and ON Semiconductor (ON). Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on Elastic with a $72.00 price target, while Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating on ON Semiconductor with a $150.00 price target, noting a recent upgrade to Buy from TipRanks – xAI.
MACOM Technology Solutions Holdings Drops 6.7% in Broad Selloff
MACOM Technology Solutions Holdings experienced a 6.7% drop in its stock price, falling to $364.20, as part of a broad selloff in the semiconductor sector. This decline was mirrored by several other chip makers, indicating a sector-wide downturn rather than company-specific issues for MACOM. Despite the recent drop, analyst sentiment remains positive for MACOM, with one firm raising its price target in the last seven days.
Diodes Inc earnings calendar and sector context, shares tracked against US chip peers
Diodes Inc (NASDAQ: DIOD) is a mid-cap US semiconductor company supplying analog and mixed-signal chips to automotive, industrial, and consumer markets. Investors are focusing on its upcoming earnings, margins, and inventory patterns. The company operates in a competitive landscape with peers like ON Semiconductor and Microchip Technology, and analysts monitor its revenue growth, gross margin trends, and end-market mix, especially the resilient automotive and industrial segments.
A Look at ON Semiconductor Corp (ON) After 23.7% Decline -- GF V
ON Semiconductor Corp (ON) shares recently dropped by 23.7%, trading at $90.65. GuruFocus' GF Value™ indicates the stock is significantly overvalued at $60.54, leading to a "Significantly Overvalued" label. Despite an above-average GF Score™ of 76/100, concerns are heightened by a very low Valuation rank (1/10) and $8.2 million in insider sales with no insider buying.
Here's Why ON Semiconductor Corp. (ON) Fell More Than Broader Market
ON Semiconductor Corp. (ON) recently experienced a significant drop, falling 23.66% while the broader market saw only minor losses. Despite this, analysts project strong future growth for the company, with expected EPS up 33.96% and revenue up 7.92% for the coming quarter, and a positive outlook for the full year. The stock currently holds a Zacks Rank #2 (Buy) and is considered undervalued compared to its industry peers based on its Forward P/E and PEG ratios.
onsemi to buy Synaptics (NASDAQ: SYNA) for ~$7B; 1.35 shares per Synaptics share
onsemi is set to acquire Synaptics (NASDAQ: SYNA) in an all-stock transaction valued at approximately $7 billion, with Synaptics shareholders receiving 1.35 onsemi shares per Synaptics share. The acquisition aims to create a combined entity with pro-forma revenue of $7.8 billion by 2026, targeting a larger total addressable market in physical AI by integrating power, sensing, connected compute, and control technologies. The deal is expected to close in mid-2027, generate $200 million in annual run-rate synergies, and be accretive to non-GAAP EPS within 18 months, pending regulatory and shareholder approvals.
Software ETFs Are Finally Catching An AI Tailwind
The artificial intelligence trade is shifting, with software ETFs now gaining prominence after a period where semiconductor ETFs dominated. On Friday, software ETFs like IGV and XSW saw significant rallies, while semiconductor ETFs experienced a pullback and profit-taking. This suggests that investors are broadening their AI exposure to include companies that generate recurring revenue from AI-powered software and enterprise applications, rather than solely focusing on chip manufacturers.
Wall Street mixed as Moderna rallies and chips tumble
The S&P 500 closed slightly lower on Friday, influenced by a significant drop in AI-related chip stocks and a strong rally from Moderna. Investors expressed concerns about the profitability of massive AI data center investments and the potential for inflation to persist, exacerbated by Apple's recent price hikes. The PHLX chip index experienced its worst week since early April due to volatility and a report about OpenAI's potential public debut delay.
Deal Dispatch: Penske Buys Vox Media's Digital Brands, AbbVie Acquires Apogee Therapeutics For $10.9 Bill
This "Deal Dispatch" article covers major corporate acquisitions and strategic evaluations. Key announcements include Penske Media Corp.'s purchase of Vox Media's digital brands, AbbVie's $10.9 billion acquisition of Apogee Therapeutics, and Onsemi's $7 billion all-stock agreement to buy Synaptics. Additionally, SPS Commerce and Rayonier Advanced Materials are exploring potential sales, and Camp Mystic filed for Chapter 11 bankruptcy.
Chip Rout Drags Nasdaq 100, Oil Sinks Below $69: Stock Market Today
On Friday, a significant sell-off in chipmakers and AI stocks impacted U.S. equities, pulling the Nasdaq 100 lower while the Dow Jones maintained gains. West Texas Intermediate crude oil also tumbled below $69, marking its worst monthly performance since March 2020. Conversely, software and defensive sectors saw rotation, with Moderna surging on pipeline news.
ON Semi tanks 20% following Synaptics deal as CEO defends core business
ON Semiconductor's shares fell 20% after the company announced its largest acquisition ever, purchasing Synaptics to expand into physical AI. CEO Hassane El-Khoury defended the deal, stating it complements their existing strong foundation and will add new markets and capabilities like edge AI for applications such as robotics and autonomous vehicles. The acquisition is expected to close in mid-2027 and generate significant annual synergies.
Vishay vs. ON Semiconductor: Which Auto Chip Stock Has More Upside?
This article compares Vishay Intertechnology (VSH) and ON Semiconductor (ON), two key players in the automotive chip segment, evaluating their growth prospects. Despite both benefiting from trends like EV adoption and AI infrastructure, the analysis suggests Vishay offers more compelling upside due to its successful "Vishay 3.0" transformation strategy, accelerating market share gains, and strong operational momentum. While ON Semiconductor is well-positioned in EV power systems and AI data centers, Vishay's aggressive capacity expansion and broad-based recovery make it the preferred investment, even with its premium valuation.
TD Cowen lowers General Mills stock price target on core challenges
TD Cowen has lowered its price target for General Mills (NYSE:GIS) to $31 from $32, while maintaining a Hold rating. The firm also reduced its fiscal 2027 earnings per share estimate by 15% due to an expected 3% decline in the core business and other mechanical headwinds. This adjustment aligns with broader analyst sentiment, and the company recently announced the promotion of Dana McNabb to Chief Operating Officer.
Micron, SanDisk, and Western Digital Fall 7% as Memory Rally Cools
Shares of Micron Technology (MU), SanDisk (SNDK), and Western Digital (WDC) fell approximately 7% on Friday, following a significant rally in memory stocks over the past month. This dip is attributed to profit-taking, an Asian chip selloff, and higher-than-expected PCE inflation, rather than a fundamental shift in the AI memory upcycle. Despite Micron's strong Q3 earnings report and optimistic Q4 guidance, the market saw this as an opportunity for traders to lighten their positions in a rapidly appreciating sector.
ON Semiconductor To Rally More Than 15%? Here Are 10 Top Analyst Forecasts For Friday
This article compiles 10 analyst rating adjustments for various companies made public on Friday. Notably, Evercore ISI Group increased its price target for ON Semiconductor (NASDAQ: ON) to $137, maintaining an Outperform rating, suggesting a potential rally of over 15%. Other companies mentioned include Winnebago Industries, Elastic NV, Synaptics Inc, McCormick & Company, Methode Electronics, Darden Restaurants, AeroVironment, FedEx Freight Holding, and ProQR Therapeutics, with analysts issuing varied price target changes and ratings.
Why Is ON Semiconductor Stock Falling On Friday?
ON Semiconductor's stock fell Friday after announcing an agreement to acquire Synaptics in an all-stock deal worth approximately $7 billion. This acquisition aims to enhance ON Semiconductor's intelligent systems portfolio and expand its total addressable market to $243 billion by 2030, particularly in the growing Physical AI sector. The transaction is expected to be accretive to non-GAAP earnings within 18 months and generate about $200 million in annual synergies, with Synaptics shareholders owning roughly 12% of the combined company.
ON Semiconductor's deal for Synaptics may help AI, but more details needed: Citi (ON:NASDAQ)
Citi analysts noted that ON Semiconductor's proposed $7 billion acquisition of Synaptics could boost ON's artificial intelligence initiatives, specifically by integrating Astra AI processors. However, they emphasized a need for more comprehensive details regarding the strategic rationale and potential synergies of the deal. This acquisition aims to enhance ONsemi's AI capabilities by incorporating Synaptics' expertise in MPUs, MCUs, and integrated NPUs.
ON Semiconductor, SanDisk And Other Big Stocks Moving Lower In Friday’s Pre-Market Session
U.S. stock futures were down this morning, with the Nasdaq 100 futures falling over 1%. Several stocks are moving lower in pre-market trading, including ON Semiconductor, which dipped 13% after announcing its acquisition of Synaptics. Other companies experiencing declines include Omeros Corp, Tower Semiconductor, and DSC Holdings, while SanDisk Corp also saw a drop despite strong performance the previous day.
S&P 500 Futures Drop in Premarket Trading; ON Semiconductor, DaVita Lag
S&P 500 futures are down in premarket trading, with ON Semiconductor and DaVita lagging. Conversely, Immunovant Inc. (IMVT) and Construction Partners Inc. Cl A (ROAD) showed gains before the market opened. This indicates mixed movements in the pre-market as investors await the official opening of U.S. stock markets.
onsemi to acquire Synaptics; SYNA shareholders receive 1.350 onsemi shares
ON Semiconductor Corp is set to acquire Synaptics Inc. in an all-stock deal valued at approximately $7 billion, with Synaptics shareholders receiving 1.350 shares of onsemi common stock for each Synaptics share. This acquisition aims to accelerate growth in "physical AI" and expand onsemi's targetable markets to $243 billion by 2030, leveraging Synaptics' connected-computing platform with onsemi's automotive, power, and industrial strengths. The transaction represents a 19% premium for Synaptics shareholders based on a 10-day volume-weighted average closing price comparison, though onsemi's shares fell and Synaptics' shares rose post-announcement.
TD Cowen downgrades ON Semiconductor stock rating on acquisition concerns
TD Cowen has downgraded ON Semiconductor (NASDAQ:ON) to Hold from Buy and reduced its price target to $110 from $115, citing concerns over the company's planned acquisition of Synaptics. The firm believes the deal adds complexity and distraction, particularly due to Synaptics' significant exposure to consumer and wireless markets, despite the potential in its edge AI business. TD Cowen also noted that ON Semiconductor's stock is currently fairly valued after a substantial year-to-date surge.
Apogee Enterprises, Synaptics And 3 Stocks To Watch Heading Into Friday
As U.S. stock futures trade lower, several companies are in focus heading into Friday. Apogee Enterprises, Cineverse Corp., and Beyond Air Inc. are expected to release earnings, while Synaptics Inc. shares jumped after announcing a definitive agreement to combine with ON Semiconductor Corp. BitGo Holdings Inc. also saw a rise in shares despite plans to cut its workforce.
Griffon Corp president & COO Robert Mehmel sells $1.2m in stock
Robert F. Mehmel, President and COO of Griffon Corp (NYSE:GFF), sold company shares worth approximately $1.2 million across June 24 and June 25, 2026, with prices ranging from $95.45 to $97.27 per share. These sales occurred while Griffon's stock was near its 52-week high, having gained 27.6% over the past six months. Despite the sales, Mehmel still directly holds 790,352 shares and indirectly 4,219 shares through an ESOP.
Analysts Offer Insights on Technology Companies: Elastic (ESTC) and ON Semiconductor (ON)
This article highlights bullish analyst sentiments for technology companies Elastic (ESTC) and ON Semiconductor (ON). Robert W. Baird analyst Shrenik Kothari maintained a Buy rating for Elastic with a $72.00 price target, while Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating for ON Semiconductor with a $150.00 price target. The article details additional analyst ratings and price targets for both companies.
Shareholder Alert: Ademi LLP investigates whether Synaptics Incorporated is obtaining a Fair Price for Public Shareholders
Ademi LLP is investigating Synaptics (Nasdaq: SYNA) regarding its all-stock transaction with onsemi, valued at approximately $7 billion. The investigation focuses on whether Synaptics' board fulfilled its fiduciary duties, particularly concerning the fairness of the price for public shareholders and limitations on competing offers. Synaptics shareholders are set to receive 0.350 shares of onsemi common stock for each Synaptics share.
Analog chipmaker Onsemi buys Synaptics in $7B all-stock deal to push into physical AI
Onsemi, an analog chipmaker, announced its acquisition of Synaptics Inc. in an all-stock deal valued at $7 billion. This acquisition aims to advance Onsemi's "physical AI" ambitions, bringing AI capabilities to the physical world, especially in robotics, drones, and autonomous vehicles. The deal is expected to expand Onsemi's total addressable market by $30 billion and significantly boost its earnings per share upon closing in mid-2027.
Stocks to Watch: ON Semiconductor, Synaptics, Rocket Lab, Equinox Gold
This article identifies several stocks to watch, including ON Semiconductor, Synaptics, Rocket Lab, and Equinox Gold. These companies are highlighted likely due to recent news, upcoming events, or significant market movements, making them points of interest for investors.
Onsemi to acquire Synaptics in $7B all-stock deal to expand AI chip portfolio
Onsemi is set to acquire San Jose-based Synaptics in a $7 billion all-stock deal. This acquisition will expand Onsemi's reach into AI-powered devices across various sectors including factories, vehicles, robots, and smart devices. Synaptics shareholders are expected to own approximately 12% of the combined company.
Aether (ATHR) files $10.99M ATM shelf with Rodman & Renshaw
Aether Holdings, Inc. (ATHR) has filed an at-the-market (ATM) offering to sell up to $10.99 million in common stock through a Sales Agreement with Rodman & Renshaw LLC. The offering allows the company to raise capital flexibly on Nasdaq or through other permitted methods. Proceeds are intended for working capital and general corporate purposes, though this will result in immediate and substantial dilution for new investors.
Synaptics to Merge With onsemi in All-Stock Deal; Holders to Receive 1.35 onsemi Shares
Synaptics (SYNA) has entered an agreement to merge with onsemi, becoming an indirect, wholly owned subsidiary of onsemi. In this all-stock deal, each Synaptics share will be converted into 1.350 shares of onsemi common stock. The merger is subject to customary closing conditions, including shareholder and regulatory approvals, and is expected to enhance scale and drive strategic synergies for both companies.
ON Semiconductor to Acquire Synaptics (NASDAQ: SYNA) — 1.350 Share Exchange
ON Semiconductor (onsemi) is set to acquire Synaptics in an all-stock merger, where each share of Synaptics common stock will convert into 1.350 shares of onsemi common stock. This transaction is expected to result in Synaptics equityholders owning approximately 12% of the combined company. The merger, anticipated to close in mid-2027, is subject to standard conditions including Synaptics stockholder approval, regulatory clearances, and the effectiveness of an onsemi registration statement, with specified termination fees for both parties under certain circumstances.
onsemi to Acquire Synaptics in All-Stock Deal; 1.35 onsemi Shares Per Synaptics Share
onsemi has agreed to acquire Synaptics in an all-stock merger, where Synaptics stockholders will receive 1.35 shares of onsemi common stock for each Synaptics share. This deal implies Synaptics holders will own approximately 12% of the combined company. The acquisition aims to expand onsemi's portfolio and scale, with closing targeted for mid-2027, pending regulatory and stockholder approvals.
ON Semi To Acquire Synaptics In $7 Billion All-Stock Deal: SYNA Rallies, ON Shares Take Hit
ON Semiconductor announced an agreement to acquire Synaptics in an all-stock transaction valued at approximately $7 billion. This deal, offering a 19% premium to Synaptics shareholders, aims to expand ON Semi's capabilities in AI infrastructure and edge-based applications. While Synaptics shares rallied by over 11% in after-hours trading, ON Semi's stock declined by more than 7%.
All-stock Synaptics (Nasdaq: SYNA) buyout gives holders 1.35 onsemi shares
onsemi will acquire Synaptics in an all-stock transaction valued at approximately $7 billion, with Synaptics shareholders receiving 1.350 shares of onsemi common stock for each Synaptics share. This merger aims to combine onsemi’s power and sensing portfolio with Synaptics’ Edge AI computing and connectivity solutions, expanding onsemi’s total addressable market by $30 billion to $243 billion by 2030. The deal, which includes termination fees, is targeted to close by mid-2027, pending regulatory and shareholder approvals.
Chipmaker Onsemi to Buy Synaptics in $6 Billion Stock Deal
US chipmaker Onsemi has agreed to acquire Synaptics Inc., a specialist in semiconductors for smart devices, in an all-stock deal valued at approximately $6.2 billion. The transaction offers Synaptics investors 1.35 shares of Onsemi common stock for each Synaptics share, representing about a 19% premium. The deal, which has a total enterprise value including debt of roughly $7 billion, is expected to close in mid-2027 pending approvals.
Onsemi to buy Synaptics in $7 billion all-stock deal
Onsemi announced an agreement to acquire Synaptics in an all-stock deal valued at approximately $7 billion. This acquisition is expected to broaden Onsemi's presence in the growing market for AI-enabled devices and enhance its connected compute capabilities and software ecosystem reach. Following the announcement, Onsemi's shares fell by 7.4% in extended trading, while Synaptics' shares were down 0.5%.
ON Semiconductor announces $7B deal to acquire Synaptics (ON:NASDAQ)
ON Semiconductor announced an all-stock deal to acquire Synaptics for $7 billion. This acquisition is expected to expand ON Semiconductor's presence in AI and edge applications, enhance its capabilities in intelligent systems, and increase its total addressable market to $243 billion by 2030. The deal is projected to be accretive to adjusted earnings within 18 months, with $200 million in annual synergies.
onsemi pays $7B in stock to expand into Physical AI
onsemi announced its agreement to acquire Synaptics in an all-stock deal valued at $7 billion, with Synaptics shareholders receiving a 19% premium. This acquisition aims to expand onsemi's total addressable market by $30 billion to $243 billion by 2030, enhancing its capabilities in Edge AI and connectivity for Physical AI applications. The transaction is expected to be accretive to non-GAAP EPS within 18 months of closing and generate $200 million in annual synergies, positioning onsemi at the intersection of Power, Sense, Connected Compute, and Control.
ON Semiconductor Corp. stock outperforms competitors on strong trading day
ON Semiconductor Corp. (ON) stock rose 2.59% to $118.74 on Thursday, outperforming competitors on a mixed trading day. This gain broke a two-day losing streak for the company's shares. The Dow Jones Industrial Average saw a slight increase, while the S&P 500 Index experienced a minor decline.
FNB joins Business Insider's first High Growth Companies list
FNB (NYSE:FNB) has been recognized on Business Insider's inaugural 2026 America's High Growth Companies list for its sustained growth and strong financial performance. The company has seen significant increases in assets, operating EPS, shareholder return, and market capitalization since 2009, supported by its broad geographic footprint and digital platforms. FNB highlighted its disciplined growth strategy and focus on innovation as key drivers for its success and numerous industry awards.
ON Semiconductor Corp (ON) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of ON Semiconductor Corp (ON), highlighting its current price momentum score of 6.98 within the Semiconductors & Semiconductor Equipment industry. It details support at $104.39 and resistance at $131.01, suggesting suitability for range-bound swing trading. The analysis includes a breakdown of various technical indicators and moving averages, concluding with a "Sell" signal based on certain indicators.
ON Semiconductor Ongoing Deadline Alert
Faruqi & Faruqi, LLP is investigating potential claims against ON Semiconductor Corporation (NASDAQ: ON) and reminds investors of the February 12, 2024 deadline to seek the role of lead plaintiff in a federal securities class action. The lawsuit alleges that ON Semiconductor made misleading statements regarding its long-term supply agreements (LTSAs) and revenue projections, leading to a significant stock drop after the company announced it would miss its 2023 SiC revenue target. Investors who suffered losses exceeding $100,000 between May 1, 2023, and October 27, 2023, are encouraged to contact the firm.
ON Maintained by Stifel -- Price Target Raised to $107.00
Stifel analyst Tore Svanberg has maintained a 'Hold' rating for ON Semiconductor (ON) but raised its price target to $107.00 from $90.00. While the company exhibits strong financial health and growth potential with a GF Score™ of 76/100, GuruFocus indicates that ON is 90.2% overvalued with a GF Value™ of $60.50 against its current price of $115.08. Insider selling of $8.2 million over the last three months, with no insider purchases, adds a cautious note for potential investors.
Why ON Semiconductor Corp. (ON) Dipped More Than Broader Market Today
ON Semiconductor Corp. (ON) closed down 11.01% on Tuesday, underperforming the broader market. Despite this daily dip, the company's shares have risen 13.21% over the past month, surpassing its sector and the S&P 500. Investors are anticipating strong upcoming earnings, with projected increases in both EPS and revenue, contributing to its current Zacks Rank of #2 (Buy).
