I’ve experienced a similar result. TPG bought a large stake in OnSemi. Initially they were going to flip it, so were focused on short term results. Eventuall

I’ve experienced a similar result. TPG bought a large stake in OnSemi. Initially they were going to flip it, so were focused on short term results. Eventually, they realized they had an opportunity to do more and loosened up the purse strings. ONNN bought LSIs fabs in Oregon and was able to refocus as a premium supplier rather than a race-to-the-bottom commodity provider.