Onsemi said on Thursday it would cut its global workforce by about 1,000 employees, as the chipmaker looks to streamline its operations and reduce costs. Skip to main content.

Onsemi sees current-quarter adjusted EPS in the range of $0.92 to $1.04 and revenue of $1.71 billion to $1.81 billion. Analysts surveyed by Visible Alpha were looking for $1.00 and $1.78 billion ...

Onsemi (ON 1.55%) continues its epic run. Despite what's almost sure to be a flattish year of revenue growth for the integrated chip designer and manufacturer (due to chip manufacturing capacity ...

Onsemi hasn't seen substantial year-over-year revenue growth for seven quarters. In 2023, revenue dropped by around 1%, and in Q2 of this year, the company experienced a 17% decline in revenue.

Onsemi said this week that it plans to lay off about 9% of its workforce by year’s end as the Arizona-based chipmaker cuts costs in response to a sharp decline in sales. The company employs ...

Onsemi offered $35.10 per share for Allegro, up from a September proposal of $34.50, it said in a statement Wednesday, valuing the smaller company at an implied enterprise value of $6.9 billion ...

Onsemi makes chips that play a role in the systems running cars and factories. Its sales fell by 14% last year to $7.1 billion, and its profits declined by more than $600 million to $1.6 billion.