ON Semiconductor (NASDAQ:ON | ON Price Prediction) has staged one of the most aggressive recoveries in the chip sector this year, and our proprietary model still sees room to run.
ON is gaining ground in renewables with SiC tech and fast-growing energy storage and microgrids, along with a fresh design win and AI-driven power demand.
While retail capital chases the computational firepower of AI logic chips, a more fundamental story is unfolding in the circuitry that powers them. The insatiable energy demands of next-generation data centers and electric vehicles (EVs) are forcing a non-negotiable architectural shift from legacy 48-volt systems to 800-volt platforms.
onsemi (NASDAQ:ON | ON Price Prediction) has staged a remarkable comeback in the semiconductor sector this year, and our proprietary model says the rally has room to run.
ON is gaining EV traction in China as its silicon carbide tech expands across new models and next-gen EV platforms.
ON stock has surged nearly 60% in three months as AI data-center demand and automotive growth boost investor confidence.
ON's AI data center revenues surge 30% sequentially in Q1 as hyperscaler demand and next-gen power systems fuel growth expectations into 2026.
ON Semiconductor's AI data-center revenues are surging, helping drive margin gains and stronger 2026 earnings expectations.
Onsemi beats Q1 earnings as power-led growth and an AI data center "inflection point" support margins, big buybacks and a stronger Q2 outlook.
Hassane El-Khoury, CEO of Onsemi, joins 'Squawk on the Street' to discuss the demand for AI compute, technology themes, and more.
Onsemi (NASDAQ:ON) reported stronger-than-expected first quarter results, supported by continued strength in AI data center demand and improving trends in industrial markets, alongside a gradual recovery in automotive. The semiconductor company posted adjusted earnings of $0.64 per share on revenue of $1.51 billion, compared with consensus estimates of $0.61 per share and $1.49 billion in revenue.
onsemi's NASDAQ: ON price action surged in April as signs of broad-based improvement in industrial semiconductor demand gripped the market. The move raises red flags, as its parabolic advance is unsustainable unless, of course, there are forces supporting it.