ON Semiconductor Reports Earnings Beat Driven by AI Data Center Demand and Industrial Growth
ON Semiconductor (NASDAQ: ON) reported better-than-expected Q1 results, driven by strong demand in AI data centers and improving industrial markets. The company's adjusted earnings came to $0.64 per share on revenue of $1.51 billion, exceeding analyst estimates.
Tickers: $ON
Topics: AI Data Centers Automotive Recovery Industrial Markets Semiconductors