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 ...

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 ...

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.

Onsemi's (NASDAQ: ON) stock price action hit its bottom in late April and offered an attractive entry in May. The Q1 results weren't spectacular, with revenue contracting by 22%, but they were ...

June 13 (Reuters) - Onsemi (ON.O), opens new tab 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.

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% ...

March 06, 2025--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today disclosed details of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. ("Allegro") (NASDAQ: ALGM) to acquire ...

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 ...

We believe Onsemi is a power chipmaker aligning itself to the differentiated parts of its portfolio in order to accelerate growth and margin expansion. We expect the firm to outpace the growth of ...

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 ...