Industry
Onsemi in talks to buy AI chip power startup Ferric for $1 billion
Semiconductor components company Onsemi is in talks to acquire chip startup Ferric for about $1 billion, The Information reported on Oct. 27 local time. Citing sources, the report said the deal could be completed within days, though terms could change or the talks could fall through. The deal structure was not disclosed, and payments tied to performance targets may be included.
