ON Semiconductor's stock fell 9% during its investor day after CEO Hassane El-Khoury clarified a $30 billion difference in the total addressable market compared to prior estimates. The CEO explained the smaller $213 billion market figure excludes the Synaptics acquisition, which is pending regulatory approval and expected to close in mid-2027. The company also anchored AI data center growth assumptions to consensus estimates, which investors found less compelling without clear revenue wins. The stock's decline reflects investor skepticism about the company's near-term growth and margin targets amid cyclical automotive demand and integration risks from the Synaptics deal. Future investor confidence hinges on ON Semiconductor's ability to disclose concrete AI data center design wins in upcoming quarters.
As of Sep 17, 2026 23:51 WIB, ON Semiconductor trades on Pluang at USD 68.48, showing a 1-day gain of 2.82%, despite the recent 9% drop reported during its investor day. The stock's market cap stands at $25.93 billion with a strong buyer interest reflected in 78% of order activity being buys. This contrasts with the article's note of a sharp decline, highlighting some resilience in ON's trading on Pluang.
ON Semiconductor has revised its $5.7 billion acquisition of Synaptics from an all-stock deal to a $123-per-share cash offer, reducing the total value from $7 billion and eliminating share dilution concerns. Bank of America estimates this change coul...
Monteverde & Associates PC, a top-ranked class action law firm, is investigating the sale of Synaptics Incorporated to ON Semiconductor Corporation. The proposed deal would pay Synaptics shareholders $123 in cash per share. The firm is assessing whet...
On Semiconductor replaced its $7 billion all-stock offer to acquire Synaptics with a $5.7 billion all-cash bid, causing shares of both companies to rise sharply. This move eliminates dilution for On Semiconductor shareholders and provides Synaptics i...
ON Semiconductor is successfully turning around its business with its Fab Right strategy and strong demand from AI data centers and silicon carbide (SiC) products. Management expects AI data center revenue to more than double by 2026, fueling structu...
