ON Semiconductor Corporation ON

TCW Funds, an investment management firm, published its second-quarter 2026 investor letter for the “TCW Relative Value Mid Cap Fund”. The letter can be downloaded here. Equities advanced in Q2 2026, with the S&P 500 reaching record highs despite volatility from a Federal Reserve leadership transition and Middle East tensions. Markets rebounded from Q1 lows, […]

Government borrowing costs are sitting near 24 year highs as long term bond yields push up the hurdle rate for every new factory robot, warehouse system and AI powered production line. Capital suddenly feels expensive. Businesses that already sell proven automation gear appear better positioned than those still experimenting. This article discusses three robotics and automation leaders from our screener that many investors are watching closely right now. The companies featured below are only...

ON Semiconductor (ON) makes power and sensing chips for cars, industrial equipment and AI data centers. The stock trades at about 27.6 times trailing adjusted earnings, meaning normalized net income with stock-based compensation added back. That basis is meant to sit closer to the one analysts use in their forecasts than GAAP earnings would, though the two are not defined identically. At that multiple the stock looks expensive. But the trailing year was weak, and the weakness is fading.

Wall Street still prices ON Semiconductor like a cyclical auto chipmaker, but something quietly shifted inside its data centers that the broader market has not yet noticed.

ON Semiconductor has seen its share price climb in recent years, helped by excitement around power chips for AI and electric vehicles. This puts a sharper spotlight on whether the cash the business can generate really supports where the stock trades today. Investors now have fresh product news and a strong recent run to weigh against the intrinsic value suggested by the company’s future cash flows. Over the past 5 years the stock has returned 69.3%. Anyone buying or holding today is...

A number of stocks jumped in the afternoon session after investors extended a multi-day rally driven by rising compute demand for agentic artificial intelligence following the rollout of Meta Platforms' Muse agent.

ON Semiconductor (ON) sits at the intersection of two very different forces right now. You have rising Treasury yields and trade policy worries pressuring semis, while fresh product news and analyst optimism pull in the other direction. Recent trading tells a mixed story. ON Semiconductor’s share price is up 5.54% over 1 day and 10.32% over 7 days, yet still down 14.84% over 90 days, while the 1 year total shareholder return of 53.91% and 5 year total shareholder return of 69.26% indicate...

A number of stocks fell in the morning session after the 10-year Treasury yield climbed to 5.14% following strong September business activity data that raised expectations for tighter Federal Reserve interest rate policy.

ON Semiconductor (ON) and Micron Technology (MU) are owned for the same reason. AI data centers need more silicon than the industry can make, and both sell into that shortage. The resemblance stops there. Micron has signed part of its peak pricing into multiyear contracts. ON Semiconductor is climbing out of a trough, still rationing parts between its AI customers and its car customers. Same shortage, opposite ends of a cycle.

Nvidia CEO Jensen Huang was wrong when he predicted Marvell would be the next trillion-dollar chip company.

Marvell, Onsemi and Semtech Get Major AI Boost as Seaport Unveils New Targets

Onsemi (NASDAQ:ON) is well positioned to benefit from rising data center power demand, Jefferies said, arguing that investor concerns about margins following the semiconductor maker’s recent analyst day were overstated. The broker said Onsemi (NASDAQ:ON)’s 53% gross margin target should be...

No stock rally is perfect, as is the case with the one seen this week in the tech-heavy Nasdaq Composite.