Page 4 - Semiconductor Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ON Semiconductor Corp (ON) beat fiscal first-quarter 2024 revenue and adjusted EPS expectations. Revenue growth in Power Solutions Group, decline in adjusted gross and operating margins. Second-quarter guidance below consensus, analyst predicts steady recovery in second half. EV market set to grow 20%+ long-term. ON stock down 13% in last 12 months, can be accessed through QCLN and SHOC. ON shares down 0.37% premarket.

U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc.

Wild swings in Magnificent Seven stocks are once again acting as a driver of volatility across U.S. equities. Investors could face more turbulence this week as the Federal Reserve takes center... -April 29, 2024 at 06:23 am EDT - MarketScreener

ON Semiconductor reported Q1 revenue came of $1.86 billion; Adjusted EPS was $1.08, driven by stability in traditional industrial segments.

/PRNewswire/ -- The global semiconductor market size is estimated to grow by USD 156.39 bn from 2023 to 2027, according to Technavio. The market is estimated...