Onsemi to Acquire New York Chip Startup Ferric for $600 Million

Onsemi has announced its intention to acquire New York-based chip startup Ferric for $600 million. This acquisition is significant as it aligns with Onsemi's strategy to expand its data center revenue, which is projected to grow this year. InfraSale's audience should pay attention to how this move may impact the semiconductor landscape and data center operations.