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onsemi and GlobalFoundries announced a collaboration on December 18, 2025, to develop and manufacture 650V gallium nitride (GaN) power devices for high-growth sectors like AI and electric vehicles.
ON Semiconductor's stock surged 17% in a month, sparking debate over its valuation as the broader market pivots away from high-growth technology stocks. This trend reflects a wider reassessment of the AI-driven rally, with investors beginning to favor cyclical industries.
The U.S. Securities and Exchange Commission has stopped the approval of exchange-traded funds offering more than 2x daily leverage, citing non-compliance with derivatives regulations. This impacts product issuers and signals a stricter stance on complex retail-focused products.
ON Semiconductor is positioned as a critical supplier for the AI industry's power-hungry infrastructure, with analysts projecting significant stock upside. The company's focus on power systems addresses a foundational need driven by the global AI build-out.
onsemi and FORVIA HELLA have extended a long-term agreement to integrate onsemi's high-efficiency PowerTrench® T10 MOSFET technology into advanced automotive platforms. This move aims to enhance power density and system cost for next-generation vehicle electrification.