Onsemi to acquire Ferric for $600M and raises 2030 AI data center revenue target
Semiconductor company Onsemi announced its acquisition of Ferric for $600 million in cash. Concurrently, Onsemi stated it is raising its 2030 AI data center revenue target to more than $3 billion, a claim directly from the company. This strategic move aims to bolster Onsemi's position in the AI data center market.
3 articles from 1 outlet covered this story. The underlying claim is sourced from a press release.
What do all outlets agree on?
1 outlet covered “Onsemi to acquire Ferric for $600M and raises 2030 AI data center revenue target”. All of them report the following:
- Onsemi to acquire Ferric
- Acquisition price is $600M
- Payment in cash
- Onsemi raised its 2030 AI data center revenue target
- New 2030 AI data center revenue target is over $3B
Which outlets covered this?
All 3 articles found on this story, grouped by the stance of the piece. Every link goes to the original publisher.