As global chip shortages persist, reshaping the semiconductor industry, companies are navigating a landscape characterized by fluctuating demand and intense competition. ON Semiconductor Corp (NASDAQ:ON) stands at the forefront of this challenge, implementing strategic adjustments to maintain its market position.
- ON is consolidating in a tight range. See real-time price here.
On Monday, ON Semiconductor reported its fiscal second-quarter results. The company’s gross margins could continue to be under pressure through 2025 due to under-absorption as well as competitive pricing to “defend and gain share in key …