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on semiconductor – XtremeCuztoms

Category: on semiconductor

BofA Picks Nvidia As Top Pick; Expresses Bullishness on Marvell, AMD, ON Semiconductor

June 2, 2022
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BofA analyst Vivek Arya believes chipmaker Nvidia Corp could benefit from growth in several areas. Arya chose Nvidia as his top large-cap sector pick. Nvidia and fellow semiconductor businesses Marvell Technology, Inc and Advanced Micro Devices, Inc, can all immensely benefit from the continued growth in cloud computing, among other factors, Arya said. Arya also chose ON Semiconductor Corp as his top small-…

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ON Semiconductor Shares Pop on Q4 Beat, Robust Q1 Guidance

February 7, 2022
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ON Semiconductor Corp. reported fourth-quarter FY21 revenue growth of 28 percent year-on-year to $1.85 billion, beating the consensus of $1.79 billion. Revenue from Power Solutions Group (PSG) grew 33 percent Y/Y to $953.4 million, Advanced Solutions Group (ASG) increased 24 percent Y/Y to $647.3 million, and Intelligent Sensing Group (ISG) rose 18 percent Y/Y to $245.4 million. The…

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