Onsemi reports Q2 2026 at $1.60 billion, rises 9% on AI-driven demand

Briefing
Financial results

The company reported a GAAP gross margin of 38.4% and a non-GAAP gross margin of 39.3%

Onsemi reported second-quarter 2026 revenue of $1.604 billion, compared with $1.468 billion in the same period last year, representing a 9% year-over-year increase, supported by strengthening demand across AI-driven applications.

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