onsemi announced it will acquire Ferric, a leader in integrated voltage regulator (IVR) technology, for $600 million plus up to $175 million in contingent payments. This acquisition strengthens onsemi's position in power delivery for next-generation AI processors by combining Ferric's advanced IVR tech and engineering talent with onsemi's scale and customer base. The deal raises onsemi's 2030 AI data center revenue target by $500 million to over $3 billion and is expected to accelerate growth in its IVR business. The transaction is expected to close by the end of 2026 and will be accretive to onsemi's long-term revenue, margins, and earnings per share targets.
The story about onsemi's acquisition of Ferric is presented here with relevant market data for context. For readers following the Technology sector, 38 out of 150 US stocks rose while 111 fell. Notable movers include FIRY at USD 13.28 with an 8.06% gain, CRSR at USD 12.62 down 8.05% but with 100% buy orders, and UMC at USD 16.68 down 7.54% with 99% buy orders. This snapshot is as of Nov 03, 2026 04:11 WIB.
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