Strategic Acquisition: ON Semiconductor (NASDAQ: ON) is expanding its footprint in physical artificial intelligence through its largest-ever acquisition of Synaptics (NASDAQ: SYNA) for nearly $7 billion. Mixed Investor Reaction: The market responded cautiously to the all-stock deal, with ON Semiconductor's shares declining by approximately 6% post-announcement, while Synaptics' stock saw a 13% increase. Analyst and Sector Pressures: A recent analyst downgrade to $110.00 and broader semiconductor industry s ...