ON Semiconductor

ON

Market cap $46.9B

The raging semiconductor rally received another boost this week when UBS analyst Timothy Arcuri raised his price target on Micron Technology Inc. NASDAQ: MU to a stunning $1625, nearly triple its previous target.

While retail capital chases the computational firepower of AI logic chips, a more fundamental story is unfolding in the circuitry that powers them. The insatiable energy demands of next-generation data centers and electric vehicles (EVs) are forcing a non-negotiable architectural shift from legacy 48-volt systems to 800-volt platforms.

ON Semiconductor posts a third straight sequential gross margin gain to 38.5% as AI data center revenues surge and Fab Right lifts utilization and mix.

Recently, Zacks.com users have been paying close attention to ON Semiconductor Corp. (ON). This makes it worthwhile to examine what the stock has in store.

Major semiconductor and AI stocks looking to jump on Wednesday, as we see a lot of interest in the AI-related names in the NASDAQ.

ON Semiconductor is set for strong growth in EV, AI, and industrial markets through 2026. Valuation is higher now, but long-term prospects remain strong.

NXPI edges ahead in the automotive chip race with stronger growth drivers, while ON rides EV and silicon carbide momentum.

ON Semiconductor (ON) shares hit a record high as BofA hikes its price target for the power solutions company. Marley Kayden talks about the company's ties to the AI trade and weighs whether earnings can justify the stock's valuation surge.

onsemi (NASDAQ:ON | ON Price Prediction) has staged a remarkable comeback in the semiconductor sector this year, and our proprietary model says the rally has room to run.

Does ON Semiconductor Corp. (ON) have what it takes to be a top stock pick for momentum investors? Let's find out.