ON Semiconductor is projected to grow its data center revenue at a 50% compound annual growth rate over four years, surpassing $3 billion by 2030. Strategic acquisitions and R&D have boosted content value per rack to $115,000. Improved supply conditions and gross margin expansion are expected from early 2027 due to higher fab utilization. Despite risks like automotive exposure and AI market cooling, ON trades at attractive valuations with over 80% upside potential, supported by strong AI-driven growth and industrial capex trends.
ON Semiconductor trades at USD 73.14 on Pluang as of Nov 04, 2026 22:21 WIB, showing a 0.74% gain in one day. The stock's market cap stands at $28.26 billion with a balanced Pluang order activity of 53% buy and 47% sell. Investors typically hold ON for 11 days on the platform, reflecting steady interest amid its growth prospects.
