ON Semiconductor

ON

Market cap $20.6B

Context matters when considering buying stock in a company that's going through some cyclical weakness that could easily be confused for a structural issue.

Semiconductor shares rebounded sharply on Monday, recovering from Friday's steep selloff, after OpenAI and Broadcom announced a new artificial intelligence chip partnership and tensions between the US and China appeared to ease. The VanEck Semiconductor ETF jumped nearly 4%, while Nvidia and Advanced Micro Devices each climbed more than 3%.

Chip stocks bounced as OpenAI announced another computing deal with a major chipmaker and U.S.-China tensions eased. President Donald Trump said to not worry about China in a post to Truth Social over the weekend and it “will all be fine,” quelling some market fears.

This eclectic group of stocks trades at significant discounts to their all-time high prices, with advanced materials company Hexcel (HXL -3.65%) down 25%, e-commerce logistics company GXO Logistics (GXO -4.41%) down 48%, and ON Semiconductor (ON -8.35%) down 54%. All three companies operate in long-term growth markets that are currently experiencing temporary weakness, and this article will briefly summarize why and how they can return to their growth path.

ON Semiconductor Corp. (ON) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

ON Semiconductor Corp. (ON) closed at $49.97 in the latest trading session, marking a -1.79% move from the prior day.

ON offers a deep value Buy opportunity, thanks to the management's rich FY2027 growth guidance, with it implying a potential tripling in capital appreciation. This is attributed to the ongoing portfolio/operational restructuring and the transition to higher-margin/high-growth end markets across automotive and data centers. ON has also offered promising FQ3'25 guidance, with it implying a sequential improvement from the H1'25 bottom despite the ongoing softness in the industrial segment.

Investors with an interest in Semiconductor - Analog and Mixed stocks have likely encountered both ON Semiconductor Corp. (ON) and Monolithic Power (MPWR). But which of these two stocks is more attractive to value investors?

HOD HASHARON, Israel, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Weebit Nano Limited (ASX:WBT) (Weebit), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, has successfully taped-out (released to manufacturing) test chips featuring its embedded Resistive Random-Access Memory (ReRAM) module at onsemi's 300mm production fab in East Fishkill, NY. The chips are being developed in onsemi's Treo platform, which is a 65nm Bipolar-CMOS-DMOS (BCD) process.

The latest trading day saw ON Semiconductor Corp. (ON) settling at $48.35, representing a -1.95% change from its previous close.