ON
NASDAQ · Semiconductors
On Semiconductor
$81.17
+2.84 (+3.63%)
ON News30 articles
Dow Tops 54,000 as AI Boom Broadens to Industrial Sector
The Dow rose 1.6% to surpass 54,000, driven by AI investment spreading to industrials. Chip stocks rallied, while factory orders showed mixed signals.
Caterpillar's record quarter powers Dow futures surge
Dow futures rose 1.2% premarket, with Caterpillar alone contributing about 91% of the gain. Nasdaq and S&P futures also advanced as AI earnings boost sentiment.
AI Infrastructure Stocks Lead Futures Higher as Earnings Beat Rates Soar
U.S. stock futures advanced as AI infrastructure plays outperformed, with Palantir, Onsemi, and Caterpillar leading premarket gains. Earnings beat rates remain strong.
ON Semiconductor Q2 Beats Estimates, Cash Flow Surge Raises Questions
ON Semiconductor shares gained after Q2 results beat expectations, with revenue and EPS surpassing consensus. However, the company's cash flow growth was aided by working capital changes, raising sustainability concerns.
NXP Stock Dips 5.5% After Q2 Beat, Non-Auto Growth Accelerates
NXP shares dropped 5.5% after hours despite a Q2 earnings beat, with non-auto segments driving 63% of yearly revenue growth. Q3 guidance also surpassed expectations, but inventory buildup and auto dependence remain risks.
Memory and Chip Stocks Lead Market Rally Beyond Nvidia
Memory and chip stocks led a broad market rally, with Micron's huge U.S. investment boosting AI supply chain names. Risks from inflation and Fed policy persist.
Tech Slide Masks Broader Market Resilience as AI Spending Concerns Mount
U.S. stocks ended mixed as a sharp decline in semiconductor stocks, led by AI-related concerns, triggered nearly $20 billion in tech fund outflows, while the broader market showed resilience.
Tech Selloff Deepens as Chip Index Plunges 5.3%; Jobs Data in Focus
The PHLX chip index fell 5.3% Friday and 7.9% for the week, overshadowing broader market gains. Tech funds lost nearly $20 billion as rising memory costs hit Apple and others. June payrolls data is due Thursday.
Tech Sector Sees $20B Outflow as AI Trade Loses Steam
Nearly $20 billion exited tech sector funds last week, wiping out prior record inflows, as AI trade momentum cooled and chip stocks suffered their worst weekly drop since March.
Semiconductor Slump Hits Wall Street as Tech Giants Hold Steady
Wall Street saw a split Friday as chip stocks tumbled but megacap platforms held firm, with the SOXX dropping 4.67% and Micron falling 4.17% after a previous surge.
ON Semiconductor Plunges 14% on Synaptics Stock Deal; Target Shares Rally
ON Semiconductor shares dropped 14.2% premarket after announcing an all-stock deal to buy Synaptics, erasing about $6.6 billion in market cap. Synaptics shares gained 4.5%.
US Futures Dip Ahead of Russell Rebalancing; Tech Stocks Retreat
U.S. stock futures slipped Friday as chip stocks gave back gains, while the Russell index rebalancing, expected to trigger nearly $150 billion in forced trades, set the stage for end-of-day volatility.
Navitas Semiconductor Plunges 14.5% Amid Chip Sector Rout and Dilution Fears
Navitas Semiconductor dropped 14.5% to $18.30 after a sector-wide chip selloff and investor concerns over high AI-driven valuations, with Zacks noting its 97x forward sales multiple and recent $500 million at-the-market stock sale filing.
Wolfspeed Surges 18% Then Files Share Resale, Testing AI Chip Rally
Wolfspeed shares surged 18% before filing to register 24 million shares for resale, raising dilution concerns. The silicon carbide chipmaker's AI-driven rally faces a test when markets reopen.
Texas Instruments Stock Retreats After AI-Fueled Surge, Analysts Eye Growth
Texas Instruments shares dropped 3.25% on Friday, pulling back from a 52-week high as analysts highlight AI data-center power chip demand and improving industrial and auto markets.
Navitas Stock Rally Faces Dilution Threat as SPAC-Earnout Shares Vest
Navitas shares jumped 9.4% premarket Tuesday as the company issued over 3.2 million earnout shares from its SPAC merger, raising dilution concerns.
Navitas Surges on AI Data Center Power Play, But Profitability Remains Elusive
Navitas shares rose 16.33% to $28.36 amid renewed AI infrastructure interest, though breakeven may require quarterly sales above $30 million.
ON Semiconductor Raises $1.3B via Convertible Notes, Eyes Buyback and Growth
ON Semiconductor priced $1.3 billion in zero-coupon convertible notes due 2031, using $331.9 million for share buybacks, as the chipmaker signals a cyclical recovery and AI-driven demand.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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 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.
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.