ON

Yes, we can see that OnSemi is outperforming the technology sector , but its performance is lower than that of the SMH semiconductor exchange-traded fund , where OnSemi rose by about 46%.

Meanwhile, the SMH fund rose by approximately 88.8%.

When we think about the other names in this analog and industrial chip field, we can see " ON" near the top end here with Analog Devices and Texas Instruments.

Okay, now we move on to some of today's winners on "ON". As you can see here, it rose by 7.58%. But guys, it slipped and sold out completely all the way to the bottom of the chart today.

At the beginning of the day, this looked great. If you look here, we will find that the price is not only within a parallel descending range, but I have a descending trend line coming back from the lows of April 2025.

I have extended it and linked it to the next major pivot point on the 27th of March of this year.

Holding shares had a rough start to 2026, down 40% at the close of trading yesterday , but today the share price is up 10% after management gave a very optimistic outlook not only for the rest of this year, but also for the end of the decade.

They have given medium-term guidance, which they give every 3 years, so it will be in effect until the end of 2029. They are expecting a compound annual growth rate of about 20 %.

They have outperformed their guidance over the past 3-year period , so this time it could be a little higher than that and they are expecting the profit margin to continue to increase.

A 60% profit rate is no longer enough. Now they have set a target profit rate of 65%.