The chipmaker beat analyst estimates on both profit and revenue, and now expects its AI data center business to more than double in 2026
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Investing.com - U.S. stock index futures rose on Tuesday as investors weighed mixed signals surrounding renewed Middle East peace talks while awaiting quarterly results from Elon Musk’s SpaceX, with semiconductor shares finding support from another round of upbeat AI-related earnings.
Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.
September Nasdaq 100 E-Mini futures (NQU26) are up +0.67% this morning, signaling further gains for tech stocks as blockbuster earnings from Palantir Technologies boosted sentiment.
ON Semiconductor (NASDAQ:ON) shares climbed 7. 6% in pre-market trading after the chipmaker reported second-quarter 2026 results that exceeded Wall Street forecasts and issued a stronger-than-expected outlook for the current quarter.
ON Semiconductor has delivered a strong 81.1% gain over the past five years, yet its latest valuation checks suggest the stock no longer looks like a clear bargain, with the Discounted Cash Flow (DCF) estimate sitting close to the current share price while market multiples lean expensive. Over the last 5 years, ON Semiconductor shares are up 81.1%, which puts more weight on whether today’s price already reflects much of that progress. Upcoming earnings and the planned Synaptics acquisition...
Aug 4 (Reuters) - Nasdaq futures rose on Tuesday after strong forecasts from Palantir and ON Semiconductor reassured investors about AI-driven demand, while Middle East developments and U.S. earnings
ON Semiconductor Corp (ON) reports strong Q2 2026 results with record free cash flow and a bullish outlook on AI data center growth, despite near-term supply constraints.
onsemi (NASDAQ:ON) reported second-quarter 2026 results above the midpoint of its guidance, citing recovering demand, continued growth in AI data-center applications and improving operating leverage. The semiconductor company generated $1.6 billion in revenue, up 6% sequentially and 9% from a year
The headline numbers for ON Semiconductor Corp. (ON) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ON Semiconductor Corp. (ON) delivered earnings and revenue surprises of +2.78% and +1.10%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Analog chips maker onsemi (NASDAQ:ON) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 9.2% year on year to $1.60 billion. Guidance for next quarter’s revenue was better than expected at $1.7 billion at the midpoint, 1.6% above analysts’ estimates. Its non-GAAP profit of $0.74 per share was 3.5% above analysts’ consensus estimates.
Investing.com -- Onsemi (NASDAQ:ON) reported second quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.74 beating the consensus estimate of $0.71 by $0.03. Revenue reached $1.6 billion, surpassing the analyst estimate of $1.59 billion and representing a 9% increase YoY from $1.47 billion in the second quarter of 2025.
The chipmaker reported second-quarter net income of $226.8 million, up from $170.3 million a year earlier.
While most of the company’s chip sales are to the car business, its fastest growing segment is to artificial intelligence data centers.
Earnings continue to be the market's engine, and a series of results this week from Palantir, SpaceX, and AMD are set to rev up stocks again.
The chipmaker looks dear on profits and slightly cheap on cash, and what sits under that gap is a business that turns far more of each sales dollar into cash than into profit while it swaps a shrinking handset exposure for faster end markets in data centers and automotive.
Analog chips maker onsemi (NASDAQ:ON) will be announcing earnings results this Monday after the bell. Here’s what investors should know.
ON Semiconductor has rallied the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.
ON's improving auto and industrial demand, AI power growth and Fab Right gains support Q2, but weak EV markets and premium valuation warrant caution.
While the severe negative order flow for ON stock presents huge dangers, intrepid contrarians enjoy a potential bounce-back opportunity.
Microchip Tech (MCHP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
One stock will suit investors expecting upside potential in hyperscaler spending, while the other offers exposure to the long-term growth prospects of physical AI.
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 2026.
A number of semiconductor stocks continued to pull back amid a broad global sell-off, fueled by concerns over increased competition from China and growing doubts about the sustainability of AI-related demand.
The latest trading day saw ON Semiconductor Corp. (ON) settling at $84.39, representing a -5.22% change from its previous close.
ON Semiconductor (ON) heads into its upcoming August 3 earnings report with expectations for higher year over year earnings and revenue, and analysts’ estimates pointing to increased optimism around its near term profit outlook. See our latest analysis for ON Semiconductor. ON Semiconductor’s recent 1 day share price return of 2.57% and year to date share price return of 57.04% point to building momentum, even though the 3 year total shareholder return is down 17.36% and the 5 year total...
ON Semiconductor Corp. (ON) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Texas Instruments' stronger margins, cash generation and 2026 growth outlook outweigh ON Semiconductor's cheaper valuation, making it the better semiconductor buy.