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OnSemi delivered Q3 revenue of $1.72 billion, non-GAAP gross margin of approximately 41.2% and non-GAAP diluted earnings per share of $0.90. AI data center revenue grew 39% sequentially to $180 million, and FERIC adds integrated voltage regulator capabilities.

ON Semiconductor reported quarterly revenue of $1,722.3 million, up approximately 11% year over year, and gross margin of 41.4%. It revised the Synaptics acquisition consideration to $123.00 per share in cash, with closing anticipated in mid-2027.

ON Semiconductor Corporation reported third-quarter revenue of $1,722 million, up 11% year-over-year, and free cash flow of $489 million. Fourth-quarter revenue guidance is $1,715 to $1,815 million.

On Semiconductor Corporation agreed to acquire Ferric, Inc. for $600.0 million in cash on November 2, 2026, plus up to $175.0 million tied to revenue milestones; the merger is expected to close in the fourth quarter of 2026.

onsemi revised its Synaptics acquisition agreement to provide $123 per share in cash and secured a commitment for up to $2,450,000,000 of senior secured term loan; Synaptics stockholders must still approve the merger.

ON Semiconductor Corporation revised its merger agreement on October 1, 2026 to acquire Synaptics for $123 per share in cash, eliminating several closing conditions and planning to withdraw its registration statement; Morgan Stanley Senior Funding, Inc. committed up to $2,450,000,000.