onsemi plans to announce its financial results for the second quarter ended July 3, 2026, after market close on August 3, 2026. The announcement will provide insights into the company's performance across automotive, industrial, and AI data center end markets. Following the release, onsemi will host a conference call to discuss the quarterly outcomes.

The conference call is scheduled for 5 p.m. Eastern Time on August 3, 2026. Investors and interested parties can participate through a live webcast available on the "Investor Relations" section of the company’s website at http://www.onsemi.com . A re-broadcast of the call will be accessible approximately one hour after the live event and will remain available for 30 days.

Alternatively, participants can join the teleconference by pre-registering online. The company has provided a dedicated link for registration to facilitate access to the call.

onsemi delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation. The company is included in the S&P 500® index and operates under the trademark ownership of Semiconductor Components Industries, LLC.

Key Event Details

For further inquiries, Krystal Heaton, Director and Head of Public Relations, and Parag Agarwal, Vice President of Investor Relations & Corporate Development, are available as contacts.

onsemi has agreed to acquire Synaptics in an all-stock transaction valued at approximately $7 billion, representing a 19% premium to the volume weighted average closing prices of both companies over the last 10 trading days. The acquisition is designed to accelerate onsemi’s evolution from a power and sensing specialist to a leading provider of intelligent systems for Physical AI, expanding its total addressable market by $30 billion to $243 billion by 2030. The transaction combines Synaptics’ Edge AI compute franchise with onsemi’s automotive and industrial capabilities, positioning the combined entity at the intersection of Power, Sense, Connected Compute and Control.

Strategic Rationale

The combination is expected to deliver substantial value by extending onsemi’s reach from AI data centers to the intelligent edge. Synaptics’ Astra platform, which includes AI processors, NPUs, and wireless connectivity solutions, will add immediate connected compute capabilities to onsemi’s portfolio. This integration is anticipated to enable systems that can sense, decide, act and adapt in real time across Physical AI applications such as autonomous driving, robotics, and AR/VR. The merger is also projected to increase onsemi’s exposure to higher-value, differentiated system solutions with embedded IP and software, supporting improved mix and margin expansion.

Financial Profile

The transaction is expected to be accretive to non-GAAP EPS within 18 months of closing, with an expected $200 million in annual synergies. Gross margins are anticipated to remain consistent with onsemi’s long-term financial model. The company has committed to maintaining its existing capital return policy during the pendency period. Both companies have reiterated their previously provided financial outlooks, with onsemi standing by its Q2 FY26 guidance and Synaptics its fiscal Q4 FY26 outlook.

Transaction Details

Under the terms of the definitive agreement, which has been unanimously approved by the Boards of Directors of both companies, Synaptics stockholders will receive 1.350 shares of onsemi common stock for each share held. This exchange ratio implies pro forma ownership of approximately 12% for Synaptics stockholders on a fully diluted basis. One member of the Synaptics Board of Directors is expected to join onsemi’s Board of Directors upon closing. The transaction is expected to close in mid-2027, subject to approval by Synaptics stockholders and receipt of required regulatory approvals.