Onsemi forecasts upbeat revenue on surging AI data center chip demand

Source: The Times of India· Reuters· August 4, 2026
Onsemi forecasts upbeat revenue on surging AI data center chip demand

Onsemi anticipates third-quarter revenue exceeding Wall Street expectations. This growth stems from surging demand for power management chips. The company expects AI data center revenue to more than double by 2026. Onsemi also reported second-quarter resul…

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