ON - Content And Share Gain Expectations Driving Outperformance At ON Semi
I really can’t complain about ON Semiconductor’s (ON) performance since my last update, as the shares have dramatically outperformed the semiconductor rally and risen by more than a third. While power management companies (including ON, Infineon (OTCQX:IFNNY), and STMicro (STM) ) have done a little better with respect to performance and guidance than others like Texas Instruments (TXN), Maxim (MXIM), and NXP (NXPI), it seems like ON in particular has regained investor interest on the back of solid wins, improving bookings, and