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Added to YB: 2026-04-02

Pitch date: 2026-02-09

ON [bullish]

ON Semiconductor Corporation

-3.92%

current return

Author Info

No bio for this author

Company Info

ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Market Cap

$21.9B

Pitch Price

$64.73

Price Target

N/A

Dividend

N/A

EV/EBITDA

12.30

P/E

191.93

EV/Sales

3.78

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
ON Semiconductor Corporation - $ON

ON: AI thermal power play as Nvidia Rubin platform (2H 2026) pushes data center power to 12-20kW+, causing PCB 'melting' risk. T2PAK top-side cooled packaging is gold standard solution, growing ~100% YoY ($250M 2025, est $500M 2026) at 55-60% margins vs 25-35% legacy. Rožnov ramp to 80% utilization = 900bps GM expansion from 37% to 53% by 2027. Walking away from low-margin legacy biz.

Read full article (4 min)