Big news in the world of tech companies! ON Semiconductor, a big chip maker, might buy Allegro Microsystems, another company that makes tiny parts for computers and cars. This is exciting because it shows how important these small parts are for many things we use every day. Let's find out more!
- ON Semiconductor wants to buy Allegro Microsystems.
- Allegro makes tiny parts for cars and computers.
- Allegro's stock price went up because of this news.
| Company | Stock Change | Value (in billions) |
|---|---|---|
| Allegro | Up 12% | $4.1 |
| ON Semiconductor | Down 25% | $19.8 |
