Onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
5 Articles
5 Articles
Onsemi, a U.S. power semiconductor company, improved profitability by increasing its operating profit in the third quarter of this year by 43% compared to the same period last year. Revenue related to artificial intelligence (AI) data centers surged 175%, driving the earnings growth. Onsemi is expanding its related businesses by acquiring a company possessing power supply technology for AI semiconductors and raising its 2030 revenue target for t…
[Digital Daily Reporter Bae Tae-yong] Onsemi, a global intelligent power and sensing semiconductor company, achieved double-digit revenue growth year-over-year, driven by a surge in demand for artificial intelligence (AI) data centers. Onsemi announced on the 3rd that it recorded revenue of $1.7223 billion (approximately 2.31 trillion won) for the third quarter of 2026. This represents an 11% increase compared to the same period last year ($1.5…
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