ON Stock Recent News

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (the “Company”) (Nasdaq: ON) today announced results for the second quarter of 2024 with the following highlights: Revenue of $1,735.2 million GAAP gross margin and non-GAAP gross margin of 45.2% and 45.3%, respectively GAAP operating margin and non-GAAP operating margin of 22.4% and 27.5%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $0.78 and $0.96, respectively Returned ~$650 million of free cash flow over.

Here is a sneak peek into how semiconductor stocks like Amkor technology (AMKR), Rambus (RMBS), On Semiconductor (ON) and Lattice Semiconductor (LSCC) are poised ahead of their second-quarter 2024 results.

onsemi is set to report Q2 2024 financial results on July 29. Expectations are for revenue between $1.68 billion and $1.78 billion and Q2 Non-GAAP EPS between $0.86 and $0.98. onsemi reported Q1 2024 financial results, with revenue of $1.86 billion and Q1 Non-GAAP EPS of $1.08 beating estimates. onsemi is heavily exposed to the EV automobile industry, with EV products in two of its three segments.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ON Semiconductor Corp. (ON), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

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OnSemi (ON) reaches a multi-year deal to power Volkswagen's next-generation electric vehicles. The deal is about integrating new technologies into E.V.s to drive down costs and improve operating performance.

The chip maker will provide advanced silicon carbide microchips for Volkswagen to use in next-generation electric vehicles.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) announced today it has signed a multi-year deal with Volkswagen Group to be the primary supplier of a complete power box solution as part of its next-generation traction inverter for its Scalable Systems Platform (SSP). The solution features silicon carbide-based technologies in an integrated module that can scale across all power levels – from high power to low power traction inverters to be compatible for all vehicle categories. “By offe.

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--In the face of escalating climate crises and a dramatic rise in global energy demands, governments and industries are committing to ambitious climate goals aimed at mitigating environmental impact and securing a sustainable future. Key to these efforts is the transition to electrification to reduce carbon emissions and embrace renewable energy resources. In a significant step towards accelerating this global transition, onsemi (Nasdaq: ON) introduced its late.