The Latest Breaking News from ON Semiconductor Corporation

As the demand for semiconductors continues to climb, thanks to AI, here are three analyst-approved chip stocks poised to lead the charge.

ON Semiconductor Corporation is expected to release its fiscal third-quarter earnings later this month, and analysts project a double-digit profit decline

Concerns over raging inflation, the Federal Reserve’s tighter monetary policy to bring prices down, ongoing geopolitical crises, and a potential economic slowdown have recently triggered a broad sell-off in growth stocks. But despite the massive sell-off, the companies of a few growth stocks possess strong financials. Given their long-term growth…

The Fed’s monetary policy tightening and deepening supply chain disruptions weighed heavily on the market sentiment and caused a massive sell-off in the tech industry over the past few weeks. Although many big tech stocks plummeted, high-quality tech stocks Microchip Technology (MCHP), NXP Semiconductors (NXPI), International Business Machines (IBM), Broadcom…

KeyBanc analyst John Vinh said nine companies were under coverage (Advanced Micro Devices, Inc (NASDAQ: AMD), Cirrus Logic, Inc (NASDAQ:CRUS), Lattice Semiconductor Corporation (NASDAQ:LSCC), Monolithic Power Systems, Inc (NASDAQ: MPWR), NXP Semiconductors N.V. (NASDAQ:NXPI), ON Semiconductor Corporation (NASDAQ: ON), Qorvo, Inc (NASDAQ: QRVO), Skyworks Solutions, Inc (NASDAQ: SWKS), Synaptics Inc (NASDAQ:SYNA)) and reported positive results but mixed guidance. The broad-based analog (LSCC, MPWR, NXPI, ON) reported robust results/guidance, and China smartphone-exposed companies…

Last year, the retail trading boom caused stocks like Gamestop (GME) and AMC Entertainment (AMC) to skyrocket in price. The influence of online retail investor forums, such as Reddit, on these stocks helped them gain significantly irrespective of their fundamentals. But the market sell-offs this year have made popular Reddit…

ON Semiconductor Corporation's (NASDAQ:ON) short percent of float has risen 6.84% since its last report. The company recently reported that it has 13.97 million shares sold short, which is 3.28% of all regular shares that are available for trading.

Since the beginning of the year, the stock market has suffered a sell-off due to surging inflation, the potential for aggressive central bank interest rate hikes, and Russia’s invasion of Ukraine. However, the market seems to have digested much of the troubling news because it has rebounded from its recent…

ON Semiconductor Corporation's (NASDAQ:ON) short percent of float has fallen 10.32% since its last report. The company recently reported that it has 13.34 million shares sold short, which is 3.13% of all regular shares that are available for trading.