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Onsemi CEO Says AI Data Remains Fastest Growing Operation

Aug 3, 2026 · 04:44 PM ET· updated 3h ago

Onsemi (the "Company") (Nasdaq: ON) today announced its Chief Executive Hassane El-Khoury said AI data center remains our fastest-growing business, and we now expect revenue to more than double in 2026,

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Why It Matters

Onsemi makes chips for AI computers, and their AI business is growing really fast—they think it will more than double next year. When a company's fastest-growing part is doing well, it hints the company might do well too.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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