ON Semiconductor, or Onsemi, posted worse-than-expected results and guidance as it continued to face difficult market conditions. The maker of power chips reported a sales decline in all three of ...
ON Semiconductor is currently undervalued and will face a slow recovery in 2025. I currently consider the company as a hold, but a potential attractive opportunity for long-term investors.
Feb 10 (Reuters) - Onsemi (ON.O), opens new tab forecast first-quarter revenue below Wall Street expectations on Monday, hit by softening demand for its automotive chips as customers cut back on ...