The Chonkerton

On Semiconductor strikes $7 billion deal for Synaptics in physical AI push

business

On Semiconductor is buying Synaptics for seven billion dollars to expand into physical AI—the market for chips in robots and edge devices. According to CNBC, the deal increases On Semi's addressable market by thirty billion dollars to two hundred forty-three billion dollars by twenty thirty.

Source: https://www.cnbc.com/2026/06/25/on-semi-synaptics-deal-ph...

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