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REGENSBURG, Germany & SCOTTSDALE, Ariz., May 31, 2023--Vitesco Technologies (FSE: VTSC) and onsemi (Nasdaq: ON) today announced a 10-year long-term supply agreement worth $1.9 billion for silicon carbide (SiC) products to enable Vitesco Technologies’ ramp in electrification technologies. Vitesco Technologies, a leading international manufacturer of modern drive technologies and electrification solutions, is providing an investment of $250 million to onsemi for new equipment for SiC boule growth,
ON Semiconductor Corp. (ON) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Czech Industry Ministry will propose investment incentives worth 546 million crowns ($25.70 million), or around a fifth of eligible costs, for U.S.-listed group ON Semiconductor (Onsemi) to help it expand an existing facility in the country, the ministry said on Friday. "Onsemi's investment is an important step towards strengthening the Czech chip industry, which is fundamental for future development in energy and electromobility," Czech Industry Minister Jozef Sikela. ON Semiconductor has a production site in the east of the Czech Republic.
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
ON Semiconductor Corp is considering investing $2 billion in boosting production of silicon carbide chips that are widely used to help extend the range of electric vehicles, company executives said on Tuesday. Company executives said during an analyst presentation the company is considering the expansion in either the U.S., the Czech Republic or Korea. ON Semiconductor is a longtime supplier to the automotive industry, supplying both chips that go into drive trains of electric cars as well as a broad swath of other chips like cameras and sensors that help with driver-assistance systems.
(Reuters) -ON Semiconductor Corp is considering investing $2 billion in boosting production of silicon carbide chips that are widely used to help extend the range of electric vehicles, company executives said on Tuesday. Company executives said during an analyst presentation the company is considering the expansion in either the U.S., the Czech Republic or Korea. ON Semiconductor is a longtime supplier to the automotive industry, supplying both chips that go into drive trains of electric cars as well as a broad swath of other chips like cameras and sensors that help with driver-assistance systems.
SCOTTSDALE, Ariz. & UNIVERSITY PARK, Pa., May 16, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and Penn State are pleased to announce the signing of a memorandum of understanding (MOU) towards an $8 million strategic collaboration which includes the establishment of the onsemi Silicon Carbide Crystal Center (SiC3) at Penn State’s Materials Research Institute (MRI). onsemi will fund SiC3 with $800k per year over the next 10 years.
SCOTTSDALE, Ariz., May 16, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that under a new strategic agreement, it will provide Kempower with onsemi EliteSiC MOSFETs and diodes for scalable electric vehicle (EV) chargers. The ongoing collaboration between the two companies enables Kempower’s suite of EV charging solutions with a variety of power semiconductor technologies, including onsemi’s EliteSiC. These devices will be used in the Active AC
SCOTTSDALE, Ariz., May 15, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that Sineng Electric will integrate onsemi EliteSiC silicon carbide (SiC) MOSFETs and IGBT-based high-density power integrated modules (PIMs) into its utility-scale solar inverter and industry-first 200kW energy storage system (ESS). The two companies worked together to develop optimized solutions that maximize the performance of solar inverters, energy storage and power
As new devices like vehicles are "electrified," new chip technology is needed, and Onsemi is helping blaze this trail.
SCOTTSDALE, Ariz., May 09, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced the launch of its Hyperlux™ automotive image sensor family. With a 2.1 µm pixel size, industry-leading 150dB ultra high dynamic range (HDR) and LED flicker mitigation (LFM) across the full automotive temperature range, the Hyperlux family provides high performance, speed and advanced features to propel the next generation of Advanced Driver Assistance Systems (ADAS) forwa
Based on the average brokerage recommendation (ABR), ON Semiconductor Corp. (ON) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Marriott International, DICK'S Sporting Goods, D.R. Horton, ON Semiconductor and Triton International are part of the Zacks Screen of the Week article.
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
ON Semiconductor Corporation ( NASDAQ:ON ) saw a decent share price growth in the teens level on the NASDAQGS over the...
The green energy revolution is here. Virtually all automakers are coming out with new all-electric designs, and electric utilities are deploying more and more clean energy power sources every year. Many think the ways to play these trends are the electric vehicle or utility stocks themselves.
Here is how MicroStrategy (MSTR) and ON Semiconductor Corp. (ON) have performed compared to their sector so far this year.
ON Semiconductor reported that the auto and industrial market made up 79% of total revenue for its recent quarter.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Investors have caught on to the trend and have invested heavily in automakers. The problem is that the market has been flooded with automakers who are trying to capture some of this massive wave of projected EV sales. Resurgent chip designer and manufacturer ON Semiconductor (NASDAQ: ON) could be one of those stocks deserving of some investment dollars right now.
With investors looking for signs of when a downturn in global chip revenue may bottom out, ON Semiconductor's quarterly results and guidance beat analysts' expectations even as the supplier of chips for automobiles and industry said it was taking a "cautious stance" to its outlook because of macroeconomic uncertainty. While the mid-point of ON Semiconductor's guidance for quarterly revenue between $1.975 billion and $2.075 billion implies a 3% dip from the year-ago quarter, it exceeded analyst expectations for a 7% drop, and it helped lift shares of other chipmakers.
Yahoo Finance Live anchors Brad Smith and Diane King Hall break down the rise in stock for semiconductor manufacturing company Onsemi following first-quarter earnings.
ON Semiconductor Corp. (ON) delivered earnings and revenue surprises of 9.17% and 2%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
SCOTTSDALE, Ariz., May 01, 2023--onsemi (the "Company") (Nasdaq: ON) today announced results for the first quarter of 2023 with the following highlights:
SCOTTSDALE, Ariz., April 27, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that the company has shipped its one billionth Inductive Sensor Interface Integrated Circuit (IC) to HELLA, an international automotive supplier operating under the umbrella brand FORVIA. The IC designed by onsemi is being used in HELLA’s Contactless Inductive Position Sensor (CIPOS®) technology for automotive x-by-wire systems. Throughout their 25-year collaboration, t