Wednesday, October 28, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Onsemi reportedly in talks to buy AI power startup Ferric for nearly $1 billion

Onsemi reportedly in talks to buy AI power startup Ferric for nearly $1 billion

Photo: Crypto Briefing

The chipmaker is said to be negotiating for a New York startup that builds integrated voltage regulators for AI processors Onsemi is reportedly negotiating to acquire Ferric, a New York-based startup that makes power-management chips for AI hardware, in a deal valued at nearly $1 billion. The talks were first reported by The Information on October 27, 2026. Coverage spread widely the following day. Onsemi has not confirmed the negotiations, so for now this is a deal in the rumor column, not the press release column. The interesting part is the target.

Source: Crypto Briefing

Latest in Crypto Today

All Crypto Today stories