NasdaqGS:ONSemiconductor
ON Semiconductor Resets Portfolio Toward Silicon Carbide And AI Power Growth
ON Semiconductor is sharpening its focus on higher margin areas, including silicon carbide products and AI data center power solutions.
The company is reallocating capital toward projects it views as higher return and scaling back exposure to weaker end markets such as electric vehicles and smartphones.
Management is emphasizing capital discipline and targeted investment as it reshapes the business mix of NasdaqGS:ON.
For investors tracking NasdaqGS:ON, this reset comes with the stock...