onsemi announces Investor Day 2026 in New York City
Leadership will share strategy and growth opportunities in AI, automotive, and robotics on September 16.
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Semiconductor manufacturer of power and sensing technologies
onsemi.comLast updated
In short: onsemi agreed to acquire Synaptics for $7 billion and reported strong financial results driven by doubling AI data center revenue.
Leadership will share strategy and growth opportunities in AI, automotive, and robotics on September 16.
Non-GAAP EPS rose to $0.74, free cash flow quadrupled to $425.4 million, and AI data center revenue expected to more than double.
The announcement will be made on August 3, 2026, after market close, followed by a conference call.
The divestitures are part of its Fab Right strategy and expected to save $35 million annually starting in 2027.
ON Semiconductor stock closed at USD 71.65 on the Nasdaq on September 14, 2026, down 5.9 percent from the prior session according to Nasdaq data...
Synaptics is being acquired by ON Semiconductor in an all-stock deal, expected to close mid-2027, with shareholders receiving 1.35 ON shares per SYNA share.
(NASDAQ:ON) executives said demand conditions have improved across the company’s end markets, with automotive appearing to ...
onsemi’s $7B all-stock Synaptics deal clears FTC early termination.
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