Browsing Tag
Ferric
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onsemi (ON) lifts AI revenue target above $3bn with Ferric deal, but can power chips deliver?
onsemi is acquiring integrated voltage regulator specialist Ferric for up to $775 million, expanding its position in AI processor power delivery and lifting its 2030 data center revenue ambition above $3 billion. Strong third-quarter earnings support the strategy, but a separate $5.7 billion Synaptics acquisition adds financial and integration considerations.