Shares of analog chips maker onsemi (NASDAQ:ON) fell 11.3% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

Onsemi is planning a 9% cut to its workforce as it tries to maintain its pace of innovation amid a drop in demand and falling revenue. The semiconductor company is trimming jobs and reducing its ...

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.

It is still unclear whether a bottom has been reached. ON Semiconductor has managed to stay profitable so far. But the uncertainty around market recovery and the risk of commoditization of Silicon ...

March 6 (Reuters) - Semiconductor solutions provider Allegro MicroSystems (ALGM.O), opens new tab on Thursday rebuffed a $6.9 billion takeover approach from Onsemi (ON.O), opens new tab ...

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 ...

PRAGUE, March 10 (Reuters) - U.S. chipmaker Onsemi (ON.O), opens new tab will lay off 170 staff in the Czech Republic, cutting its workforce in the country by 7.5%, the company said on Monday ...

On March 5, ON Semiconductor ON announced an all-cash offer of $35.10 per share for Allegro MicroSystems ALGM, which implies an enterprise value of $6.9 billion. This valuation is a 57% premium to ...

SCOTTSDALE, Ariz., March 06, 2025--onsemi (NASDAQ: ON) today disclosed details of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. ("Allegro") (NASDAQ: ALGM ...

(RTTNews) - Allegro MicroSystems, Inc. (ALGM), a semiconductor technology company, on Thursday confirmed the receipt of an unsolicited buyout offer from ON Semiconductor Corp., also known as ...

Onsemi has released an upgraded series of power modules to boost utility-scale solar generation and storage. The new line consists of silicon and silicon carbide hybrid power-integrated modules ...