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Onsemi reports earnings beat on AI data strength, improving industrial trends
Proactive99d agobullish
Onsemi reports earnings beat on AI data strength, improving industrial trends

Onsemi (NASDAQ:ON) reported stronger-than-expected first quarter results, supported by continued strength in AI data center demand and improving trends in industrial markets, alongside a gradual recovery in automotive. The semiconductor company posted adjusted earnings of $0.64 per share on...

ON Semiconductor Beats Estimates but Shares Slip in Premarket Trading
InvestorsHub99d agobullish
ON Semiconductor Beats Estimates but Shares Slip in Premarket Trading

ON Semiconductor Corporation (NASDAQ:ON) reported quarterly results on Monday that exceeded expectations on both revenue and earnings, while also issuing stronger-than-forecast guidance for the current quarter. Despite this, the stock declined around 4% in premarket trading on Tuesday.