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ON Semiconductor Corporation

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Onsemi well positioned for rising data center power demand, Jefferies says

Proactive Investors · Wed, 23 Sep 2026 15:12:46 -0400

Onsemi (NASDAQ:ON) is well positioned to benefit from rising data center power demand, Jefferies said, arguing that investor concerns about margins following the semiconductor maker's recent analyst day were overstated. The broker said Onsemi (NASDAQ:ON)'s 53% gross margin target should be viewed as a milestone rather than a ceiling, with margins potentially rising as volumes increase, costs fall and differentiated data center products ramp.

What's Going on with On Semiconductor Shares on Tuesday?

Benzinga · Tue, 22 Sep 2026 12:45:22 -0400

ON Semiconductor Corp (NASDAQ:ON) shares are trading up by 4% on Tuesday as chip names digest a mixed overnight tone and traders stay focused on where semiconductors sit in the broader risk setup.

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