Stock in Tesla and Rivian Is Dropping. ON Semiconducor's Guidance Spooked Investors.
Auto makers have been warning for weeks about weak demand for electric vehicles.
Source: marketwatch.com
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Top News In On Semiconductor Today - Breaking & Trending Today
Lithium Stocks Are Getting Hammered. We Found Three Reasons.
A supply storm is merging with brewing demand problems.
Source: marketwatch.com
Why ON Semiconductor (ON) Stock Is Down Today
Shares of analog chips maker ON Semiconductor (NASDAQ:ON) fell 6.59% in the pre-market session after the company reported third quarter results, with revenue and EPS guidance for the next quarter coming below Wall Street's expectations, amid "market softness." Gross and operating margins declined year on year while inventory levels rose slightly. It is worth mentioning that ON Semiconductor guided for near-term headwinds to margins at the beginning of the year (FY 2023) due to the expansion of i
Source: yahoo.com
Nvidia and 2 Chip Stocks to Buy After Intel's Earnings Beat
Intel's upbeat outlook contains good news for much of the chip industry. Here are three ways to play it.
Source: marketwatch.com
ON Semiconductor Got Caught in the Chip Stock Selloff. Why It's Time to Buy.
The company’s earnings, due Monday, could help shares rebound.
Source: marketwatch.com