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 ON -1.34% 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 semiconductor company is trimming jobs and ...

Onsemi 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 all business divisions worldwide in 2025 ...

Subsequently, onsemi made another attempt towards constructive engagement, most recently submitting a letter on February 12, 2025, improving its all-cash proposal to $35.10 per share, while also ...

ON Semiconductor Corp. made its pursuit of Allegro Microsystems Inc. public on Wednesday, disclosing an unsolicited bid valuing the company at $6.9 billion including debt.

Shares of power chips maker Allegro Microsystems jumped Thursday in intraday trading after it rejected the latest bid by its larger rival ON Semiconductor, also known as Onsemi, describing the ...

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 (ON) shares surged Tuesday as the semiconductor firm’s CEO said he feels “good about the second half,” anticipating improving demand in several key markets. The stock added 11% to ...

Onsemi's significant transformation under CEO Hassane El-Khoury focuses on high-growth markets like EVs and industrial automation.

Onsemi Could Be Set Up For a Solid Rebound: Here's Why September 23, 2024 — 07:00 am EDT Written by Leo Miller, MarketBeat Contributor for MarketBeat -> ...

The Science Based Targets initiative’s (SBTi) approval of onsemi’s near-term greenhouse gas emission reduction targets reinforces company’s commitment to a sustainable future ...

ON Semiconductor, or Onsemi, posted worse-than-expected results and guidance as it continued to face difficult market conditions.