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ON Semiconductor Corp. - ON STOCK NEWS

Welcome to our dedicated news page for ON Semiconductor (Ticker: ON), a resource for investors and traders seeking the latest updates and insights on ON Semiconductor.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ON Semiconductor's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ON Semiconductor's position in the market.

News
onsemi Introduces Lowest Power Image Sensor Family for Smart Home and Office
Rhea-AI Summary
Hyperlux LP image sensors introduced by onsemi for industrial and commercial cameras
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
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none
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News
onsemi Appoints Christina Lampe-Önnerud to the Board of Directors
Rhea-AI Summary
Christina Lampe-Önnerud appointed to onsemi's board of directors
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Rhea-AI Sentiment
End-of-Day
0.55%
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management
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News
onsemi Second Quarter 2023 Results Exceed Expectations
Rhea-AI Summary
onsemi announces Q2 2023 results with revenue of $2,094.4 million, flat YoY. Record automotive revenue exceeds $1 billion, a 35% YoY increase. Industrial revenue of $609.3 million, a 5% YoY increase. Silicon carbide revenue grew nearly 4x YoY.
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Rhea-AI Sentiment
End-of-Day
2.53%
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earnings
News
onsemi and Magna Sign Strategic Agreements to Invest in Silicon Carbide for Growing Electric Vehicle Market
Rhea-AI Summary
Magna and onsemi have announced a long-term supply agreement for Magna to integrate onsemi's EliteSiC intelligent power solutions into its eDrive systems. This integration will improve the cooling performance, acceleration, and charging rates of Magna's electric vehicles, increasing their efficiency and range. Additionally, onsemi's silicon carbide manufacturing capability will simplify Magna's supply chain and meet the growing demand for SiC-based products for EVs. Magna will also invest $40 million for the procurement of new SiC equipment to ensure future supply.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
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News
onsemi Secures $1.95B in Supply Agreements with Leading Solar Inverter Manufacturers
Rhea-AI Summary
onsemi (Nasdaq: ON) secures $1.95B in long-term supply agreements for intelligent power technologies with leading solar inverter manufacturers, solidifying its position as the top power semiconductor supplier in the market. The company's superior die technology and customized module design enable solar inverter providers to compete on time-to-market, product development, supply resilience, and quality assurance, resulting in LTSAs with eight of the top 10 solar inverter suppliers. onsemi's intelligent power solutions improve efficiency and system cost for solar inverters, contributing to the growth of the solar power market and the advancement of sustainable energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value
Rhea-AI Summary
BorgWarner and onsemi expand collaboration for silicon carbide, with a total agreement worth over $1 billion. BorgWarner plans to integrate onsemi EliteSiC power devices into its VIPER power modules for electric vehicles, expecting increased performance and efficiency.
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Rhea-AI Sentiment
End-of-Day
0.55%
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onsemi to Announce Second Quarter Financial Results
Rhea-AI Summary
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End-of-Day
-2.31%
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earnings
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onsemi Selected by Nasdaq for 100 Index
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End-of-Day
2.29%
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onsemi Selects Blue Yonder to Digitally Transform Supply Chain Planning
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Rhea-AI Sentiment
End-of-Day
3.33%
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Vitesco Technologies and onsemi Sign SiC Long-Term Supply Agreement and Agree to Invest in SiC Technology Capacity Expansion
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
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ON Semiconductor Corp.

Nasdaq:ON

ON Rankings

#399 Ranked by Market Cap
#566 Ranked by Stock Gains
N/A Ranked by Dividends

ON Stock Data

28.64B
425.42M
0.34%
101.56%
5.26%
Semiconductor and Related Device Manufacturing
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Phoenix

About ON

on semiconductor (nasdaq: on) is driving energy efficient innovations, empowering customers to reduce global energy use. the company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power and signal management, logic, standard and custom devices. the company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical and military/aerospace applications. on semiconductor operates a responsive, reliable, world-class supply chain and quality program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout north america, europe, and the asia pacific regions.