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.
ON Semiconductor narrowly tops first-quarter earnings expectations and shares fall amid heightened investor expectations.
Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, betting on resilient demand for its chips as the automotive industry recovers.
The company reported a loss of $33.4 million and posted higher revenue, boosted by chip demands from artificial-intelligence data-center builders.
ON Semiconductor is scheduled to report Q1 2026 results on May 4, with revenues of $1.435-$1.535B and EPS of 56-66 cents, amid AI data center and auto demand trends.