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Skyworks Chair: It Will Be a While Before This Cycle Ends
Bloomberg21d agoneutralVIDEO
Skyworks Chair: It Will Be a While Before This Cycle Ends

Chris King, Chairman of Skyworks Solutions, is introduced as a semiconductor industry veteran with more than 50 years of experience. The segment highlights her time at IBM, her role as the first female CEO of a chip company at AMI Semiconductor, and that company's later acquisition by Onsemi. She speaks with Scarlet Fu & Kristine Aquino on "The Close."

Synaptics CFO Resigns, Company Skips Successor Search Before Merger
Benzinga34d agoneutral
Synaptics CFO Resigns, Company Skips Successor Search Before Merger

Synaptics Inc (NASDAQ:SYNA) shares are up during Friday’s premarket session, trading higher by almost 2% as the company announced a transition in its executive leadership. The stock’s movement comes in tandem with a broader positive sentiment in the market, with S&P 500 futures gaining 0.4%. CFO Transition Synaptics CFO Ken Rizvi has resigned effective immediately to pursue another opportunity. He will remain as an adviser through September 30, 2026, to support the transition. The company will n

27-year-old chip stock sees price target slashed despite sales, profit surge
TheStreet44d agobullish
27-year-old chip stock sees price target slashed despite sales, profit surge

Onsemi has spent several years working through weakness in its core automotive and industrial markets, and its latest quarter gave Wall Street a clearer look at where the next leg of growth could come from. The chipmaker reported second-quarter results on Aug. 3 that showed improving revenue, ...

onsemi Q2 Earnings Call Highlights
MarketBeat51d agoneutral
onsemi Q2 Earnings Call Highlights

onsemi (NASDAQ:ON) reported second-quarter 2026 results above the midpoint of its guidance, citing recovering demand, continued growth in AI data-center applications and improving operating leverage. The semiconductor company generated $1.6 billion in revenue, up 6% sequentially and 9% from a year

Onsemi to sell two chipmaking plants to cut costs
Reuters79d agobearish
Onsemi to sell two chipmaking plants to cut costs

Chipmaker Onsemi on Tuesday said it will sell two manufacturing facilities as part of ‌broader push to cut costs and boost profit ‌margins. • Onsemi makes power and sensing chips used in electric vehicles, factories and AI data centers. • Onsemi's facility in Tarlac, Philippines will be sold to Taiwanese chip firm Greatek Electronics, which ​specializes in ​semiconductor packaging and testing.

Chipmaker's biggest-ever deal triggers brutal sell-off
TheStreet85d agobearish
Chipmaker's biggest-ever deal triggers brutal sell-off

ON Semiconductor Corporation (ON) just made the biggest bet in its corporate history. On Thursday, June 25, the Scottsdale-based chipmaker announced a $7 billion all-stock agreement to acquire Synaptics Incorporated (SYNA). This is the company's biggest transaction to date. CEO Hassane ...