ON SEMICONDUCTOR CORP (ON)


Stock Price Forecast

April 24, 2024


Forecasted Returns

7 Days Predict

30 Days Predict

90 Days Predict


Forecasted Market-Excess Returns

7 Days Predict

30 Days Predict

90 Days Predict

Loading ON SEMICONDUCTOR CORP chart...

About the Company

Taiwan Semiconductor Manufacturing Company Limited (TSMC; also called Taiwan Semiconductor) is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's second most valuable semiconductor company, the world's largest dedicated independent ("pure-play") semiconductor foundry, and its country's largest company, with headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan. It is majority owned by foreign investors, and the central government of Taiwan is the largest shareholder. In 2023, the company was ranked 44th in the Forbes Global 2000. Taiwan's exports of integrated circuits amounted to $184 billion in 2022, accounted for nearly 25 percent of Taiwan's GDP. TSMC accounts for about 30 percent of the Taiwan Stock Exchange's main index. TSMC was founded in Taiwan in 1987 by Morris Chang as the world's first dedicated semiconductor foundry. It has long been the leading company in its field. When Chang retired in 2018, after 31 years of TSMC leadership, Mark Liu became chairman and C. C. Wei became Chief Executive. It has been listed on the Taiwan Stock Exchange (TWSE: 2330) since 1993; in 1997 it became the first Taiwanese company to be listed on the New York Stock Exchange (NYSE: TSM). Since 1994, TSMC has had a compound annual growth rate (CAGR) of 17.4% in revenue and a CAGR of 16.1% in earnings. Most of the leading fabless semiconductor companies such as AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm and Nvidia, are customers of TSMC, as are emerging companies such as Allwinner Technology, HiSilicon, Spectra7, and UNISOC. Leading programmable logic device companies Xilinx and previously Altera also make or made use of TSMC's foundry services. Some integrated device manufacturers that have their own fabrication facilities, such as Intel, NXP, STMicroelectronics and Texas Instruments, outsource some of their production to TSMC. At least one semiconductor company, LSI, re-sells TSMC wafers through its ASIC design services and design IP portfolio. TSMC has a global capacity of about thirteen million 300 mm-equivalent wafers per year as of 2020 and makes chips for customers with process nodes from 2 microns to 3 nanometres. TSMC was the first foundry to market 7-nanometre and 5-nanometre (used by the 2020 Apple A14 and M1 SoCs, the MediaTek Dimensity 8100, and AMD Ryzen 7000 series processors) production capabilities, and the first to commercialize extreme ultraviolet (EUV) lithography technology in high volume.

Sector

Manufacturing

Industry

Semiconductors & Related Devices

Employees

12325

Exchange

Nasdaq

$8B

Total Revenue

12K

Employees

$28B

Market Capitalization

13.38

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

Loading the fundamentals chart...

Latest $ON News

ON Semiconductor's Options Frenzy: What You Need to Know

2d ago, source:

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...

ON Semiconductor Corp ON

3d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

ON Semiconductor Corp. (ON) Stock: A Closer Look at the Moving Averages

3d ago, source: newsheater

ON Semiconductor Corp. (NASDAQ: ON) has a higher price-to-earnings ratio of 12.42x compared to its average ratio. ON has 36-month beta value of 1.81. Analysts have mixed views on the stock, with 9 ...

ON Semiconductor Corp. (ON) Stock Falls Amid Market Uptick: What Investors Need to Know

2d ago, source:

The latest trading day saw ON Semiconductor Corp. (ON) settling at $60.05, representing a -1.09% change from its previous close.

3 Semiconductor Stocks That Could Be Multibaggers in the Making: April Edition

4h ago, source:

Stock Market News, Stock Advice & Trading Tips Semiconductors remain a red hot field of technology. Market analyst Charlie ...

What Analyst Projections for Key Metrics Reveal About ON Semiconductor Corp. (ON) Q1 Earnings

1d ago, source:

Besides Wall Street's top -and-bottom-line estimates for ON Semiconductor Corp. (ON), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared ...

Is This 1 Small Chip Stock a Top Bet on the Future of AI?

on MSN ago, source:

Aehr Test Systems was clobbered by the electric vehicle sales outlook, but it could be gearing up for significant customer ...

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

on MSN ago, source:

The Biden administration announced Thursday that it reached a preliminary agreement with Idaho-based semiconductor ...

Sell ON Semiconductor Stock, Analysts Say. Demand Challenges Could Be Ahead.

on MSN ago, source:

BNP Paribas analysts David O’Connor and Jerome Ramel cut their rating on the semiconductor company to Underperform from ...

Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit Keynote

2m ago, source:

Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced its participation ...

Taiwan Semiconductor on track to snap six-days of losses

on MSN ago, source:

Taiwan Semiconductor Manufacturing (NYSE:TSM) shares traded in the green on Monday, snapping six days of losses. The stock is ...

Navitas Semiconductor Corp (NVTS) Stock: A Value Analysis

2d ago, source: newsheater

Moreover, the 36-month beta value for NVTS is 2.58. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.” The public float ...

Latest Neutral (free) Forecasts

STRONG BUY BUY NEUTRAL SELL STRONG SELL ALL

Loading the latest forecasts...

My Portfolio

Loading your portfolio...