ON Semiconductor Corporation ($ON) Stock Forecast: Down 8.0% Today

What is ON Semiconductor Corporation?

ON Semiconductor Corp. (ON) is a semiconductor company that provides power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, and medical applications.

Why is ON Semiconductor Corporation going down?

ON stock is down 8.0% on Jun 9, 2026 18:06

• The bearish movement in ON stock today could be attributed to profit-taking after a recent bullish run.
• Despite the positive news surrounding the launch of GaNEXUS chips and the overall bullish sentiment in the semiconductor sector, investors might have decided to lock in gains.
• The stock's outperformance compared to competitors and the broader market in the previous trading session could have led to some investors taking the opportunity to sell and secure profits.
• The market movement might also be influenced by broader market conditions or sector rotation, leading to a temporary downturn in ON Semiconductor's stock price.

ON Price Chart

ON Technical Analysis

ON News

New onsemi chips aim to shrink AI data center power hardware by up to 60%

onsemi has launched GaNEXUS, a new gallium nitride (GaN) power portfolio, offering devices from 40V to 650V aimed at AI data centers, robotics, industrial automation, and energy infrastructure. These chips are designed to enable faster switching, lower losses, and higher power density, potentially shrinking magnetics size by up to 60% and increasing power density by 1.5x–2x. GaNEXUS is expected to help address the growing power and cooling demands of AI infrastructure by improving efficiency and thermal performance.

https://www.stocktitan.net/news/ON/onsemi-introduces-ga-nexus-gallium-nitride-power-vzn2ahhznbpo.html

Skyworks Solutions, onsemi, and Amkor Shares Skyrocket, What You Need To Know

Shares of Skyworks Solutions, onsemi, and Amkor all saw significant gains after Nvidia CEO Jensen Huang's comments stabilized sentiment in the semiconductor sector. Huang described a recent selloff as a buying opportunity, emphasizing the early stages and continued growth of the AI revolution, which led to a recovery for these related technology stocks. Skyworks Solutions' jump was also influenced by Nvidia's announcements regarding its next-generation AI chip, Vera Rubin, and the new AI PC chip, RTX Spark.

https://www.barchart.com/story/news/2362366/skyworks-solutions-onsemi-and-amkor-shares-skyrocket-what-you-need-to-know

ON Semiconductor Corp. stock outperforms competitors on strong trading day

ON Semiconductor Corp. (ON) saw its stock rise by 3.10% to $120.90 on Monday, outperforming the broader market. This gain occurred during a mixed trading session where the S&P 500 Index increased, but the Dow Jones Industrial Average fell. The stock's performance ended a two-day losing streak for the company.

https://www.marketwatch.com/data-news/on-semiconductor-corp-stock-outperforms-competitors-on-strong-trading-day-1d8b536d-c5702112a124?mod=mw_quote_news

Texas Instruments and Universal Display Shares Skyrocket, What You Need To Know

Shares of Texas Instruments (TXN) and Universal Display (OLED) jumped after a broader semiconductor sector recovery, fueled by Nvidia CEO Jensen Huang's statement to "buy at a discount" amidst the AI revolution. Both companies, key players in analog semiconductors, benefited from renewed investor confidence and an improved economic outlook, despite Universal Display's significant year-to-date decline. The article highlights that these movements signal a potential turning point in the analog chip inventory correction cycle.

https://www.tradingview.com/news/stockstory:2ecddc8c2094b:0-texas-instruments-and-universal-display-shares-skyrocket-what-you-need-to-know/

Skyworks Solutions, onsemi, and Amkor Shares Skyrocket, What You Need To Know

Shares of Skyworks Solutions, onsemi, and Amkor jumped after Nvidia CEO Jensen Huang reassured investors, stating the recent semiconductor selloff was a chance to "buy at a discount" and that the AI revolution is "at the beginning." The article highlights Nvidia's announcements regarding the Vera Rubin chip for data centers and RTX Spark for AI PCs, emphasizing the broad impact on the AI supply chain. Skyworks Solutions has seen volatile trading but is up 21.2% year-to-date, despite a long-term decline for investors over five years.

https://www.tradingview.com/news/stockstory:02e222635094b:0-skyworks-solutions-onsemi-and-amkor-shares-skyrocket-what-you-need-to-know/

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ON Semiconductor Corporation Price History

22.04.2026 - ON Stock was up 8.1%

• ON Semiconductor Corp. (ON) saw a significant price increase of 9.60% in one week, driven by strong momentum and positive outlook indicators like outperformance against its industry and the S&P 500.
• Focus on high-value epitaxial layers for AI power devices indicates a growing demand in the market, potentially benefiting semiconductor companies like ON Semiconductor.
• Advancements in low-power imaging for AI data centers suggest a broader industry trend towards energy-efficient solutions, which could positively impact semiconductor companies like ON Semiconductor.
• The overall positive performance of semiconductor companies and their strategic moves towards high-value technologies could have contributed to ON Semiconductor's bullish movement today.

18.04.2026 - ON Stock was down 5.1%

• ON Semiconductor Corp. faced a bearish market movement today, possibly influenced by broader industry trends and geopolitical factors.
• The disappointment following the U.S.-China summit, where semiconductor sales to China were not addressed, led to a downturn in several semiconductor stocks, including ON Semiconductor.
• Despite ON Semiconductor's impressive long-term growth and positive outlook in AI data centers and automotive markets, the lack of progress in key trade discussions may have sparked concerns among investors, contributing to the bearish movement.
• While ON Semiconductor's historical performance has been robust, today's market reaction underscores the impact of external factors on stock prices, highlighting the importance of monitoring global developments in the semiconductor industry.

02.05.2026 - ON Stock was up 8.7%

• ON Semiconductor saw a strong upward movement possibly due to the introduction of leveraged ETFs associated with the company, signaling growing investor interest and confidence in its future in the semiconductor field.
• The positivity towards semiconductor firms, including ON, could be linked to advancements in AI data center technologies, as shown by Microchip's latest retimers and the partnership between GlobalFoundries and Sivers Semiconductors targeting the AI data center optical links market.
• Despite market fluctuations seen in Wolfspeed Inc.'s earnings and revenue results, investors remain positive about ON Semiconductor's position in the changing semiconductor industry landscape, driven by broader semiconductor investment trends and the potential for growth in key sectors like AI infrastructure.

02.05.2026 - ON Stock was up 6.6%

• ON Semiconductor's stock surged to a record high of $129.17, marking an impressive 184% rise in the last year. This upward trend is attributed to:
• Strong investor confidence in ON's strategic position within the semiconductor sector, boosting optimism and attracting more buyers.
• The introduction of leveraged ETFs focused on ON Semiconductor, signaling wider market interest in semiconductor firms and their growth potential in areas like AI and automotive electrification.
• Positive sentiment towards semiconductor companies, evidenced by progress in AI data center technologies and the expected expansion of the AI data center market to $25 billion by 2030.
• Analysts' increased earnings revisions depict a favorable outlook for ON Semiconductor, reinforcing market confidence in the company's future performance and growth prospects.

02.05.2026 - ON Stock was up 6.4%

• ON Semiconductor's stock reached a record high of $129.17, showing an impressive 184% rise in the past year, driven by strong investor confidence and the company's strategic position within the semiconductor sector.
• The introduction of new leveraged ETFs dedicated to ON Semiconductor indicates a rising interest in semiconductor investments, particularly in companies like ON that play a crucial role in long-term technology trends such as AI and automotive electrification.
• Analysts adjusting their earnings forecasts upwards for ON Semiconductor signal enduring positivity towards the company's performance and future growth prospects, further boosting the optimistic sentiment in the market.
• The increase in ON Semiconductor's stock price could also be linked to the overall positive outlook in the semiconductor industry, exemplified by recent advancements by Microchip Technology in tackling latency issues in AI data centers, underscoring the sector's ongoing innovation and potential for growth.

22.04.2026 - ON Stock was up 5.1%

• ON Semiconductor experienced a bullish movement today, potentially driven by the following factors:
• The focus on high-value epitaxial layer in the SiC market, indicating a positive outlook for semiconductor companies like ON Semiconductor that are involved in power device technologies.
• ETFs investing in ON Semiconductor Corporation stocks, showcasing investor confidence in the company's future growth and performance.
• Advancements in low-power imaging for AI data center growth, suggesting a favorable environment for semiconductor companies involved in similar technological developments.
• GARP strategy highlighting the potential for growth and reasonable valuation in the semiconductor industry, which could have positively influenced investor sentiment towards ON Semiconductor.

05.05.2026 - ON Stock was down 5.1%

• ON Semiconductor Corp. (ON) stock underperformed on Thursday, declining by 1.58%, breaking a three-day winning streak, amidst a bullish market.
• The bearish movement could be attributed to profit-taking after the recent gains or concerns about the company's ability to compete effectively in the AI power management sector.
• The insider selling of 31,463 shares by Simon Keeton might have also contributed to the negative sentiment surrounding the stock, leading to a downward pressure on the share price.
• Despite strategic investments and anticipated demand inflection, investors might be cautious about ON Semiconductor's competitive position in the AI market, especially with the recent advancements and collaborations announced by its peers like Analog Devices and Navitas Semiconductor.

19.04.2026 - ON Stock was down 5.4%

• ON Semiconductor Corp (ON) saw a 3.2% decrease in its stock value, suggesting a potential overvaluation when compared to its estimated GF Value™ of $59.70, contrasted with its current trading price of $109.43.
• Recent insider trading activities unveiled a notable sell-off of shares worth $8.5 million in the last quarter, pointing to a probable lack of confidence internally, as no purchases were made.
• Even though providing directors with restricted shares can align their interests with shareholders, it might have contributed to the prevailing negative outlook on the stock.
• Despite the contract extension of an executive and favorable outcomes from the 2026 annual stockholder meeting, the stock price remained unaffected, indicating that factors other than these developments were steering the downward trend.

13.04.2026 - ON Stock was up 16.5%

• ON Semiconductor Corp. (ON) showcased strong positive momentum today, despite previous underperformance in comparison to industry peers.
• The completion of a successful private offering of $1.5 billion in 0% Convertible Senior Notes due 2031 by ON Semiconductor potentially instilled confidence among investors, contributing to the company's favorable performance.
• The market's enthusiastic response may also stem from the broader semiconductor industry's growth potential, evidenced by notable surges in the stock prices of other companies and strategic developments in emerging markets.
• Investors are showing optimism regarding ON Semiconductor's future growth opportunities, particularly observing the company's strategic financial decisions related to debt repayment and expansion.

27.04.2026 - ON Stock was down 5.8%

• ON Semiconductor Corp. faced a substantial decline in its stock price despite surpassing its competitors and the semiconductor sector in recent times.
• The increased market value of Micron Technology and optimistic predictions for the AI hardware market potentially diverted investor attention from ON Semiconductor, resulting in the downward trend.
• An analysis of ON Semiconductor and NXP Semiconductors within the automotive chip market shed light on the competitive scenario, potentially impacting investor confidence in ON's market position.
• The industry-wide upsurge in semiconductor stocks, exemplified by Rambus Inc., indicates a potential shift in investor allocations toward other companies in the sector, contributing to the decline in ON Semiconductor's stock performance today.

09.05.2026 - ON Stock was down 8.0%

• The bearish movement in ON stock today could be attributed to profit-taking after a recent bullish run.
• Despite the positive news surrounding the launch of GaNEXUS chips and the overall bullish sentiment in the semiconductor sector, investors might have decided to lock in gains.
• The stock's outperformance compared to competitors and the broader market in the previous trading session could have led to some investors taking the opportunity to sell and secure profits.
• The market movement might also be influenced by broader market conditions or sector rotation, leading to a temporary downturn in ON Semiconductor's stock price.

09.05.2026 - ON Stock was down 5.5%

• ON Semiconductor's release of GaNEXUS, a new GaN power portfolio for AI data centers and other sectors, was well-received, with expectations for enhanced efficiency. However, this did not boost the stock price.
• Despite outperforming competitors and ending a recent losing streak, external market sentiments potentially impacted ON Semiconductor's decline.
• Other companies in the semiconductor sector such as Texas Instruments and Universal Display witnessed stock price increases, which could have shifted investor focus from ON Semiconductor.
• The market's negative response to ON Semiconductor's decline contrasts with the company's innovations, including the Elite Pairing Studio for AI data centers and electric vehicles.