SOXX is trading 2.46% up at $586.97, as semiconductor shares rally following onsemi’s revised Synaptics takeover offer.
- onsemi changed its offer to an all-cash deal valued at about $5.7 billion; reporting says its shares climbed in premarket trading after the change.
- Micron reported record $54.23 billion fiscal Q4 revenue, which CNBC attributed to strong AI-infrastructure demand.
- Available reporting does not identify a SOXX-specific announcement.