ON Semiconductor strikes $7 billion deal for Synaptics in physical AI push

ON Semiconductor said the deal bumps up its total addressable market by $30 billion, to $243 billion by 2030.

# ON Semiconductor strikes $7 billion deal for Synaptics in physical AI push ON Semiconductor said the deal bumps up its total addressable market by $30 billion, to $243 billion by 2030. **Read the full article:** [CNBC](https://www.cnbc.com/2026/06/25/on-semi-synaptics-deal-physical-ai.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*