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ON Semi tanks 20% following Synaptics deal as CEO defends core business

The pivot into physical AI grows On Semi's addressable market by an additional $30 billion, the company said.

ON Semi tanks 20% following Synaptics deal as CEO defends core business

Published June 26, 2026 · Category: Finance

Overview

The pivot into physical AI grows On Semi's addressable market by an additional $30 billion, the company said.

Source

Originally published at www.cnbc.com.

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