Business
Micron, Wendy’s, Apple, ON Semiconductor
↘️ ON Semiconductor (ON): The chip maker agreed to acquire Synaptics (SYNA) in a roughly $7 billion all-stock transaction, as it seeks to push into physical AI. Shares of ON Semiconductor tumbled 24%, while Synaptics’ stock slipped 3.7%..
↗️ Eli Lilly (LLY): The pharma giant’s stock rose 7.1% after it said European regulators issued a positive opinion recommending Jaypirca as a treatment for chronic lymphocytic leukemia.
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