On Semiconductr Stock Price, News & Analysis

onsemi (Nasdaq: ON) announced that its EliteSiC M3e technology will power select models of Xiaomi's YU7 electric SUV line-up. The advanced 800V drive platform features superior performance and efficiency, enabling the development of smaller, lighter, and more robust EV traction systems.

The EliteSiC M3e technology boasts the industry's lowest on-resistance, delivering enhanced peak power in a smaller footprint. This integration into the traction inverter enables better performance, improved power density, reduced system costs, and extended driving range for the YU7 models.

onsemi (Nasdaq: ON) has announced a collaboration with NVIDIA to advance the development of 800 VDC power architectures for next-generation AI data centers. This initiative focuses on creating more efficient power distribution systems that can handle massive power requirements while minimizing conversion losses.

The company will leverage its expertise in silicon and silicon carbide (SiC) technologies to provide comprehensive power solutions, including solid state transformers, power supply units, and core power delivery systems. These solutions will be integrated with intelligent monitoring and control capabilities, positioning onsemi as a key enabler of modern AI infrastructure power requirements.

onsemi (Nasdaq: ON) has expanded its collaboration with Schaeffler through a new design win for a leading global automaker's PHEV platform. The partnership will utilize onsemi's next-generation EliteSiC silicon carbide MOSFETs in Schaeffler's traction inverter system.

The EliteSiC technology offers superior performance benefits including the lowest on-state resistance for highest peak power in its class, lower conduction losses, and enhanced short-circuit robustness. These features enable longer driving range through higher energy conversion efficiency, improved reliability with lower maintenance, and optimized form factor for flexible vehicle design.

This collaboration marks onsemi's position as the exclusive silicon carbide supplier for this program, strengthening its role in the transition from traditional IGBT-dominated platforms to advanced hybrid architectures.

onsemi (Nasdaq: ON) has scheduled the announcement of its second quarter 2025 financial results for Monday, August 4, 2025, before market opening. The company will host a conference call at 9 a.m. Eastern Time on the same day.

Investors can access the conference call through two methods: a live webcast available via the company's Investor Relations website, with a 30-day replay option, or via teleconference by pre-registering through the provided link.

onsemi (ON) reported Q1 2025 financial results showing significant revenue decline and margin pressure. Revenue fell 22% year-over-year to $1.45 billion. The company posted a GAAP operating margin of -39.7% and a GAAP loss per share of $(1.15), while non-GAAP earnings per share came in at $0.55. Despite challenging conditions, free cash flow increased 72% year-over-year to $455 million, representing 31% of revenue. The company returned 66% of Q1 free cash flow to shareholders through share repurchases. For Q2 2025, onsemi projects revenue between $1.4-1.5 billion and non-GAAP diluted EPS of $0.48-0.58. All business segments showed sequential and year-over-year declines, with PSG down 26%, AMG down 19%, and ISG down 20% year-over-year.

onsemi (Nasdaq: ON) has scheduled to release its first quarter 2025 financial results on Monday, May 5, 2025, before market opening. The company will follow the announcement with a conference call at 9 a.m. Eastern Time on the same day.

Investors and interested parties can participate through two channels: a live webcast available via the 'Investor Relations' section of onsemi's website, or through a teleconference requiring pre-registration. The webcast recording will remain accessible for 30 days following the live broadcast.

onsemi (NASDAQ: ON) has announced the termination of its efforts to acquire Allegro MicroSystems (NASDAQ: ALGM) and withdrawn its all-cash proposal of $35.10 per share. The decision comes after Allegro's Board of Directors showed reluctance to fully engage with the proposal.

Despite believing in the potential benefits of combining the two complementary businesses, onsemi determined there was no actionable path forward. The company will instead focus on other opportunities to enhance stockholder value and continue allocating capital towards its existing share repurchase program.

CEO Hassane El-Khoury emphasized onsemi's commitment to disciplined capital allocation and highlighted the company's strong position in core markets of automotive, industrial, and AI data centers, supported by market-leading technology and a robust innovation pipeline.

onsemi has launched the Hyperlux™ ID family, the industry's first real-time, indirect time-of-flight (iToF) sensor capable of high-precision long-distance measurements and 3D imaging of fast-moving objects. The innovative sensor extends depth sensing up to 30 meters, quadrupling the range of standard iToF sensors while maintaining a smaller form factor.

Key features include:

• Simultaneous monochrome imaging and depth information capture
• Proprietary global shutter pixel architecture with on-board storage
• 1.2MP resolution with 3.5µm BSI pixels
• Real-time depth processing capabilities

The technology aims to enhance industrial applications including automation, robotics, manufacturing quality control, logistics, agriculture, and access control systems. Two models are available: the AF0130 with integrated processing for simplified integration, and the AF0131 allowing custom depth algorithms implementation.

onsemi (NASDAQ: ON) has proposed to acquire Allegro MicroSystems (NASDAQ: ALGM) for $35.10 per share in an all-cash transaction, valuing the company at an enterprise value of $6.9 billion. The offer represents a 57% premium to Allegro's unaffected closing share price on February 28, 2025.

The proposal follows multiple attempts by onsemi to engage with Allegro over six months, including an initial offer of $34.50 per share in September 2024. The combination would unite two complementary businesses in automotive and industrial markets, particularly in magnetic sensing and power ICs.

onsemi plans to finance the transaction through a combination of committed financing, cash on hand, and existing credit facilities. The company aims to create a diversified leader in automotive, industrial, and AI data center applications through this strategic acquisition.