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ON Semiconductor (NASDAQ:ON – Get Free Report) had its price objective cut by analysts at Truist Financial from $122.00 to $81.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. Truist Financial’s target price would suggest a potential upside […]
Results form AMD and Taiwan Semiconductor suggest AI demand can survive an economic slowdown—and geopolitical worries.
TE Connectivity announced fiscal fourth-quarter earnings per share of $1.78 from sales of $4 billion, Wednesday morning. Wall Street was looking for $1.76...
Intel, Samsung and others see a semiconductor rebound as tech demand starts to recover
Sumitomo Mitsui DS Asset Management Company Ltd increased its position in ON Semiconductor Corporation (NASDAQ:ON – Free Report) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,796 shares of the semiconductor company’s stock after purchasing an additional 822 […]