Onsemi CEO Signals Growth Inflection Point Amid Strong AI Data Center Performance
ON Semiconductor (ON) reported Q1 revenue of $1.513 billion, with a notable shift in growth driven by its AI data center power segment, which saw over 100% year-over-year and more than 30% sequential growth. CEO Hassane El-Khoury described the quarter as an inflection point for renewed company growth.
Tickers: $ON
Topics: AI power CEO commentary growth strategy semiconductors