ON Semiconductor announced a $7 billion all-stock acquisition of Synaptics to expand into edge AI, but shares dropped as investors weighed dilution risks. The post ON Semiconductor makes $7B acquisition to boost AI capabilities appeared first on Crypto Briefi…
The chipmaker's biggest deal ever targets edge AI, but investors are punishing the stock over dilution fears ON Semiconductor just announced its largest acquisition in company history, agreeing to bu… [+1769 chars]
Originally published by
Crypto Briefing