Marked Chart Marked Chart Closed

The Marked Chart Wire · Business

Onsemi

Onsemi to buy Ferric for up to $775 million

Onsemi agreed to acquire Ferric for $600 million in cash plus up to $175 million in contingent payments. The deal aims to expand AI power management capabilities and raise the 2030 AI revenue target to over $3 billion.

ON-2.2%

Illustration for the Business desk

The stocks in this story

  1. ON-2.2%ON Semiconductor$70.11

Prices from Based on Mon, Nov 2 close · Opens Tue 9:30 AM ET. Each tile opens the stock's chart and news.

New to this? Read: Reading a stock chart

More Business news

Fast headlines, summarized. Not verified and not advice. Check the full story before you act.