Jefferies has expressed confidence in Onsemi's position to capitalize on increasing power demand in data centers, suggesting that concerns over the company's margins are overstated. The broker views Onsemi's 53% gross margin target as a milestone, expecting margins to improve with higher volumes, cost reductions, and growth in differentiated data center products. Opportunities in high-voltage silicon carbide and embedded power products, especially in compact data center racks, support Onsemi's growth outlook. Jefferies has raised revenue and earnings forecasts for 2026 and 2027, maintaining a cautiously optimistic stance on Onsemi's data center expansion potential.
Onsemi's outlook on data center power demand is the subject, with Pluang's Technology sector data providing market context. Out of 150 priced US Technology stocks on Pluang, 73 rose and 76 fell as of Sep 24, 2026 01:51 WIB. Notable movers include Crowdstrike Holdings Inc at USD 261.46 with a 4.56% increase and Bitdeer Technologies Group at USD 12.50 with a 4.58% decrease in one day.
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