TechThe Information1h ago
Chipmaker Onsemi in Talks to Buy Startup for About $1 Billion
TL;DROnsemi may buy chip startup Ferric for $1 billion to gain AI power management tech.
Why it matters: AI's energy demands are creating acquisition opportunities for companies solving chip efficiency problems.
Semiconductor component maker Onsemi has been discussing an acquisition of 16-year-old chip startup Ferric for close to $1 billion, say people familiar with the matter—a deal that reflects growing demand for technology that can manage the intense energy needs of AI chips.…
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