Onsemi ON-2.25%decrease; red down pointing triangle is planning a 9% cut to its workforce as it tries to maintain its pace of innovation amid a drop in demand and falling revenue. The ...

Shares of analog chips maker onsemi (NASDAQ:ON) fell 8% in the afternoon session after the company posted underwhelming results for the first quarter of 2025, with sales down 22% from the previous ...

onsemi is down 15.1% since the beginning of the year, and at $52.38 per share, it is trading 33.5% below its 52-week high of $78.74 from July 2024. Investors who bought $1,000 worth of onsemi’s ...

Shares of Onsemi took a hit after the Scottsdale semiconductor product manufacturer reported Q1 revenue declines that revealed weaker demand across key product segments, amid recent job cuts.

Feb 25 (Reuters) - Onsemi (ON.O), opens new tab has initiated a restructuring plan aimed at reducing operational costs, which would result in the laying off of about 2,400 of its employees across ...

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's significant transformation under CEO Hassane El-Khoury focuses on high-growth markets like EVs and industrial automation. The company's vertical integration strategy, particularly in ...

Onsemi primarily makes chips for automotive and industrial purposes. In 2023, 52% of the company’s revenue came from the automotive industry, and 28% came from industrials. The remaining 20% ...

PRAGUE, June 19 (Reuters) - U.S. chipmaker Onsemi (ON.O), opens new tab will invest up to $2 billion to boost its semiconductor output in the Czech Republic, it said on Wednesday, expanding the ...

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 ...

The chip company, which does business as Onsemi, is offering $35.10 per share for Allegro, up from a September proposal of $34.50, it said in a statement ...

Onsemi is planning a 9% cut to its workforce as it tries to maintain its pace of innovation amid a drop in demand and falling ...