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Benzinga
Benzinga
Business
Anusuya Lahiri

ON Semiconductor Faces Pricing Pressures, But CEO Sees Market Stabilization Ahead

On ON Semiconductor Semiconductor Onsemi Nasdaq Xiaomi
Chips, semiconductor shutterstock_2198551397

ON Semiconductor Corp. (NASDAQ: ON) reported its fiscal second-quarter 2025 results on Monday.

The stock dropped after the company reported a quarterly revenue decline of 15.36% year-on-year (Y/Y) to $1.47 billion, topping the analyst consensus estimate of $1.45 billion.

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