ON Semiconductor Says AI Data Center Business Will More Than Double in 2026
ON Semiconductor targets $11B in revenue by 2030, driven by surging AI data center demand. Stock rises over 2% premarket.
Share
Why It Matters
ON Semiconductor expects its AI data center business to grow a lot bigger. When a chip company sees strong demand ahead, it can mean their products are really needed.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Tickers in Play
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.