**ON Semiconductor Corp (ON)** experienced a severe plunge in stock value in 2025 due to reasons not clearly specified, raising concerns among investors. The company, known for its status in the EV market, has been attempting to steer its course amidst market challenges. While the company's Q4 earnings were expected to decline, it remained a spotlight for investors, especially due to its role in the EV and AI industries. The former quarter saw an unusual options activity around ON and its performance remained under review as the market rose, but it slid to a bigger fall than the market. It's also important to note that Electrification remains the future, according to Jim Cramer's Bullish call on ON Semiconductor. However, the company is set to incur impairment charges between $600-$700 million. Amidst all of this, views on the company remain mixed with some asserting it as the most undervalued EV stock while others see more pain ahead. The company, though, is not losing sight of potential growth, planning pursuits and restructuring programs that include cutting 2400 jobs to stay competitive. These developments come amidst interest drawn by Allegro MicroSystems in a takeover initiative from ON Semiconductor.
On Semiconductor Corp ON News Analytics from Tue, 17 Sep 2024 07:00:00 GMT to Fri, 04 Apr 2025 17:09:05 GMT -
Rating -9
- Innovation -5
- Information 7
- Rumor -8
