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Midday Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2646364432","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646364432?lang=en_us&edition=fundamental","pubTime":"2026-06-27 02:02","pubTimestamp":1782496921,"startTime":"0","endTime":"0","summary":"ON Semiconductor's  shares sank nearly 24% amid heavy trading after the company said it will acquire Synaptics  in an all-stock deal with an enterprise value of about $7 billion, expanding its edge AI capabilities, according to a joint statement late Thursday.More than 25.5 million shares traded intraday compared with its daily average of around 11.7 million.In a category of stocks with a market capitalization of over $200 billion, 17 out of the 20 worst-performing stocks were technology firms, according to data compiled by Finviz.Western Digital  shares slumped 12%, with intraday trading volume climbing to 8.9 million from a daily average of roughly 8.1 million.Seagate Technology  was down 7.8% amid a decline in intraday trading volume to about 4.04 million versus a daily average of 4.14 million.Price: 90.57, Change: -28.17, Percent Change: 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Semiconductor-synaptics Deal Seen as Pivot, Head-scratcher","url":"https://stock-news.laohu8.com/highlight/detail?id=2646436361","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646436361?lang=en_us&edition=fundamental","pubTime":"2026-06-27 00:47","pubTimestamp":1782492420,"startTime":"0","endTime":"0","summary":"1247 ET - ON Semiconductor's plan to acquire Synaptics in an all-stock deal valued around $7 billion represents a strategic pivot that \"leaves us scratching our head,\" Truist analysts write in a note. They had previously seen the company as focused on increasing its exposure to the artificial-intelligence data-center industry, but this move signals a shift toward providing integrated edge AI systems. \"While we see the potential for this combination to achieve accelerated sales growth  and higher margins , it still feels like a pivot away from Datacenter,\" the analysts write.  Dow Jones NewswiresJune 26, 2026 12:47 ET Copyright  2026 Dow Jones & Company, Inc.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0957808578.USD","BK4512","BK4141","SYNA","LU0444971666.USD","LU1815336760.USD","LU1642822529.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2646614333","title":"On Semiconductor's Synaptics Deal Adds $30B TAM","url":"https://stock-news.laohu8.com/highlight/detail?id=2646614333","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646614333?lang=en_us&edition=fundamental","pubTime":"2026-06-27 00:46","pubTimestamp":1782492360,"startTime":"0","endTime":"0","summary":"1246 ET - ON Semiconductor's acquisition of Synaptics will expand its total addressable market by $30 billion, Chief Executive Officer Hassane El-Khoury says in a CNBC interview, adding that it prepares the company to move beyond just supplying components for artificial-intelligence data centers and toward providing integrated systems for physical AI. Despite data centers remaining a growth market, El-Khoury says the market is heading toward autonomous vehicles, industrial robots, and humanoid robots. Synaptics supplies an \"AI-centric compute platform\" that supports these systems and complements ON Semiconductor's existing offerings, he says. Shares of ON Semicondcutor fall 23%.  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Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1142 ET - BlackBerry's latest results show a company 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Shares of ON Semiconductor tumbled 19%, while Synaptics' stock fell 2%.Micron Technology , Sandisk , Seagate Technology : Chip stocks and memory makers lost ground, putting them on track to give up gains made yesterday after Micron reported blockbuster quarterly results.Apple : Shares of the iPhone maker ticked higher. The stock slid more than 6% yesterday after the company raised the prices of its Macs and iPads.Zalando : Shares in the online fashion retailer slumped more than 4% after Germany's financial regulator said it launched an audit of the company's financial statements, alleging that a transaction related to its acquisition of About You might have been omitted.Wendy's : Shares of the fast-food chain rose 9% in early trading, recovering some of Thursday's losses. 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Stoss covers the Technology secto...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/craig-hallum-keeps-their-hold-rating-on-synaptics-syna-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/craig-hallum-keeps-their-hold-rating-on-synaptics-syna-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SYNA"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2646350261","title":"Synaptics price target raised to $145 from $95 at Craig-Hallum","url":"https://stock-news.laohu8.com/highlight/detail?id=2646350261","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646350261?lang=en_us&edition=fundamental","pubTime":"2026-06-26 21:20","pubTimestamp":1782480055,"startTime":"0","endTime":"0","summary":"Craig-Hallum raised the firm’s price target on Synaptics (SYNA) to $145 from $95 and keeps a Hold rating on the shares after On Semi (ON) announced...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/synaptics-price-target-raised-to-145-from-95-at-craig-hallum-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/synaptics-price-target-raised-to-145-from-95-at-craig-hallum-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SYNA"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2646680773","title":"These Analysts Revise Their Forecasts On Synaptics After Better-Than-Expected Q3 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2646680773","media":"Benzinga_recent_news","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646680773?lang=en_us&edition=fundamental","pubTime":"2026-06-26 21:20","pubTimestamp":1782480000,"startTime":"0","endTime":"0","summary":"ON Semi to acquire Synaptics in all-stock deal, expanding capabilities in AI and edge-based applications. 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