Onsemi agrees to acquire Ferric for $600M, raises AI revenue target

Onsemi has agreed to acquire power-management chipmaker Ferric for $600 million, a deal underscoring the growing importance of advanced power delivery in AI data-center infrastructure. The semiconductor company simultaneously raised its AI revenue target, signaling confidence in demand for its power solutions from hyperscale computing customers. The acquisition gives Onsemi Ferric's integrated voltage-regulator technology, which is critical for efficiently powering AI accelerators and GPUs where power density and thermal constraints are intensifying. The move matters because power management has become a bottleneck in AI hardware scaling, putting specialized chipmakers in strategic demand. Investors should watch for regulatory approvals, closing timelines, and updates on how the deal affects Onsemi's AI-related revenue guidance going forward.