ON Semiconductor Corporation Stock News

ON Semiconductor Corporation (NASDAQ:ON ) onsemi Investor Webinar: Treo Platform Launch November 18, 2024 9:00 PM ET Company Participants Parag Agarwal - Vice President-Investor Relations & Corporate Development Thad Trent - Chief Financial Officer Sudhir Gopalswamy - President-AMG & ISG Conference Call Participants Ross Seymore - Deutsche Bank Gary Mobley - Loop Vivek Arya - Bank of America Se...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) announced today it will be the primary supplier of image sensors for Subaru's next-generation EyeSight stereo-camera front sensing system in future vehicle models. onsemi's advanced Hyperlux AR0823AT image sensor will serve as the “eyes” of the system, tailored to capture the critical visual data required to feed into Subaru's stereo-camer...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--What's New: Today, onsemi introduced the Treo Platform, an analog and mixed-signal platform built with Bipolar-CMOS-DMOS (BCD) process technology on an advanced 65nm node. This platform provides the foundation for a wide range of power and sensing solutions from onsemi including high-performance and low-power sensing, high-efficiency power management, and pur...

MARKHAM, Ontario--(BUSINESS WIRE)--ventureLAB, a leading global founder community for hardware technology and enterprise software companies in Canada, and Hudson Valley FastFab Inc. (HVFF), a company dedicated to pioneering advanced solutions in mature (essential) node technology, have signed a Memorandum of Understanding (MOU) to collaborate on advancing flexible manufacturing, engineering, an...

ON Semiconductor, the $31 billion chip manufacturer based in Scottsdale, Arizona, has faced significant challenges lately. Despite the broader market momentum, with the S&P 500 index climbing 29% from July 2023, ON Semi's stock has plummeted 31%, reaching $72 from its record high.

On Semi's results are bottoming, and the future looks bright.

Demand for semiconductors has been bumpy recently. While names like Nvidia are benefiting from the artificial intelligence boom, chip makers focused on other sectors aren't faring as well.

ON Semiconductor's double beat FQ3'24 performance and decent FQ4'24 guidance continue to demonstrate demand stabilization, as similarly observed in the stable gross margins. If anything, the management has hinted at an outsized FY2025 performance, attributed to its hyperscaler design wins with three of the top players in North America. This is on top of the growing EV design wins in China and V...