ON Semiconductor Corporation Stock News

With the market in correction territory, chip stocks generally have not avoided the carnage. The S&P 500 Index is down approximately 14% from its 52-week high as of the April 22 close, and the Invesco PHLX Semiconductor ETF NASDAQ: SOXQ is down around 35% from highs.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) plans to announce its financial results for the first quarter, which ended April 4, 2025, before the market opens on Monday, May 5, 2025. The company will host a conference call at 9 a.m. Eastern Time (ET) on May 5, 2025, following the release of its financial results. Investors and interested parties can access the conference call in the ...

Taiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island's economy minister said on Tuesday.

The government will subsidize the construction of underground power transmission lines to semiconductor clusters, as well as increasing the funding ratio for infrastructure in advanced industrial complexes. More low interest loans will also be made available to companies in the semiconductor sector.

U.S chipmaker Onsemi said on Monday it was withdrawing its $6.9 billion offer for Allegro MicroSystems , a month after the semiconductor solutions provider rebuffed the latest offer from its larger rival.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today announced that it has terminated its efforts to acquire Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) and withdrawn its all-cash proposal to acquire Allegro for $35.10 per share. While onsemi continues to believe that a combination of these companies would have brought two highly complementary businesses together, benefiting ...

President Donald Trump announced semiconductors and chips imported into the United States will be hit with a specific tariff and the rate will be announced within the week.

The White House will confirm the precise US tariff policy on semiconductors this week, after news of a possible exemption for some electronics boosted markets. Donald Trump said in a post on his social media on Sunday that "there was no tariff 'exception' announced on Friday".