BUSINESS● LOW2h ago · Nov 2, 2026, 9:29 PM
Onsemi to acquire Ferric for $600M in cash; raises 2030 AI data center revenue target
Seeking Alpha Tech · global
Onsemi plans to acquire Ferric for $600 million in cash and has increased its 2030 revenue target for AI data centers. This indicates significant investment and growth projections in the AI sector.
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