ON Semiconductor ON shares have lost 28.5% in the year-to-date period against the Zacks Computer & Technology sector’s fall of 5.5% and the Semiconductor - Analog and Mixed industry’s decline of 3.9%.

"We continue to win in China and having a China-for-China strategy has been really, really helpful," D'Antilio said on the call. Onsemi has made multiple attempts to acquire Allegro in recent months.

Onsemi offered $35.10 per share for Allegro, up from a September proposal of $34.50, it said in a statement Wednesday, valuing the smaller company at an implied enterprise value of $6.9 billion ...

ON Semiconductor Corp. made its pursuit of Allegro Microsystems Inc. public on Wednesday, disclosing an unsolicited bid valuing the company at $6.9 billion including debt. The chip company ...

Semiconductor solutions provider Allegro MicroSystems on Thursday rebuffed a $6.9 billion takeover approach from Onsemi, saying the offer was "inadequate" as it refused yet another approach from ...

On Semiconductor Corp. has made an unsolicited takeover bid for Allegro MicroSystems, yet another attempt by the Scottsdale company to acquire the New Hampshire-based computer chipmaker.

Onsemi has been working with advisers in recent ... $206 million 5:54 AM UTC Technologycategory After years of survival, China's Huawei returns to revenue peak 3:44 AM UTC Dealscategory Nippon ...

US chipmaker Onsemi has proposed an acquisition of Allegro MicroSystems for $35.10 per share in cash. According to Onsemi, the company has made “numerous attempts over the past six months to enter ...

All-Cash Proposal Represents Attractive and Immediate Premium of 57% to Allegro’s Unaffected Closing Share Price on February 28, 2025 onsemi (NASDAQ: ON) today disclosed details of a proposal ...