$103.20
+2.59 (+2.57%)
As of May 9, 1:03 AM ET ·
ON News14 articles
Tech Rally Resurgent: Intel, Micron, SanDisk Lead Nasdaq Higher
The Nasdaq rose 0.83% Tuesday, driven by Intel, Micron, and SanDisk as AI optimism returned. Oil's pullback eased rate worries, extending April's record rally.
Markets
ON Semiconductor Faces Crucial Earnings Test Amid Elevated Stock Price
ON Semiconductor reports Q1 earnings Monday. Stock at $103 far exceeds analyst targets. Investors eye auto and industrial chip demand recovery.
Earnings
ON Semiconductor Hits 52-Week High on EV Deals Ahead of Q1 Results
ON Semiconductor shares closed at a 52-week high of $103.03 ahead of Q1 earnings, boosted by electric-vehicle partnerships with Geely and NIO.
Earnings
ON Semiconductor Shares Surge on Major EV Chip Deals with Geely and NIO
ON Semiconductor shares jumped 8% after announcing expanded silicon carbide chip deals with Geely and NIO for 900V electric vehicle platforms.
Technology
Texas Instruments Surges 16% After Strong Earnings and Outlook
Texas Instruments reported Q1 revenue of $4.83B, up 19%, and forecast Q2 above estimates, sending shares up 16%.
Earnings
Texas Instruments Surges on Upbeat Outlook, Signaling Analog Chip Recovery
Texas Instruments shares rallied after the chipmaker issued a second-quarter forecast that exceeded analyst expectations, driven by a rebound in orders from industrial and data-center clients.
Earnings
Navitas Stock Soars on AI Power Demand Ahead of Earnings
Navitas Semiconductor stock jumped almost 20% Tuesday as investors bet on its power semiconductors for AI data centers. The company will report first-quarter earnings on May 5.
Technology
Navitas Semiconductor Gains on AI Power Product Launch, New CFO Appointment
Navitas Semiconductor shares advanced following the launch of new silicon carbide products targeting AI infrastructure and the appointment of a new CFO. The company reported a significant quarterly revenue drop and an operating loss.
Technology
Navitas Semiconductor Shares Retreat After AI Chip Launch, CFO Appointment
Navitas Semiconductor shares declined 6.5% on Thursday, partially reversing a prior surge, following the launch of new AI power chips and the appointment of a new CFO. The company reported a significant revenue drop for 2025.
Technology
Navitas Semiconductor Holds Gains After Revenue Outlook, CFO Transition
Navitas Semiconductor shares stabilized in premarket trading after a sharp 20% rally, driven by an upbeat first-quarter revenue forecast and the announcement of its CFO's upcoming departure.
Earnings
Intel Shares Drop 3% Amid Retail Data, Tariff Uncertainty; Traders Eye Economic Reports
Intel stock fell over 3% in morning trading following disappointing U.S. retail sales figures and reports of potential tariff exemptions for major tech firms. Investors are shifting focus to upcoming jobs and inflation data.
Markets
Markets Await Retail Sales Data and Treasury Auction Amid Flat Futures
U.S. stock futures held steady early Tuesday as investors braced for December retail sales figures and a $58 billion 3-year Treasury note auction. The Dow closed at a record high for a second consecutive session on Monday.
Markets
Microchip Technology Shares Slide on $600M Convertible Debt Offering
Microchip Technology shares fell after announcing a $600 million convertible senior notes offering, with proceeds earmarked for hedging and debt repayment. Investors are watching pricing terms and potential dilution.
Markets
ON Semiconductor Gains Ahead of Q4 Report, Chip Sector Rebounds on AI Optimism
ON Semiconductor shares climbed 3.3% on Friday as the chipmaker prepares to release quarterly results after Monday's close. The broader semiconductor index surged 5.7% amid renewed enthusiasm for AI infrastructure spending.
Earnings