Tuesday, 11 August 2026 · World
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EUROS The World Financial Report
Nº 31 Tuesday, 11 August 2026 · World Edition
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27-year-old chip stock sees price target slashed despite sales, profit surge

TST (Full) - (Official Feed) · 1h ago · 🇺🇸 United States
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, ...

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