Description

ON Semiconductor Eyes Aura Semiconductor’s Vcore Power IP: Can It Outrun NVIDIA’s Supply Chain?

In a rapidly evolving semiconductor landscape, ON Semiconductor is drawing attention not only for its recent earnings beat and traction in AI data centers but also for its strategic interest in acquiring Aura Semiconductor’s Vcore Power Technologies Group. While the company hasn’t officially confirmed the deal, multiple sources indicate ongoing due diligence, sparking widespread industry speculation. The potential acquisition comes amid onsemi’s aggressive transformation strategy, under which it is pruning legacy businesses and repositioning its portfolio toward high-growth verticals like intelligent power and sensing solutions. This follows a robust Q2 2025 performance where revenue hit $1.47 billion, driven by silicon carbide traction in China, AI infrastructure momentum, and disciplined cost management. With structural changes in place—including its East Fishkill fab ramp and a leaner OpEx framework—onsemi seems poised to exploit synergistic opportunities. Acquiring Vcore Power Tech could amplify these initiatives, especially as the company looks to build resilience amid volatile end markets and trade-related uncertainties.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!