✉news BusinessMarkets first seen 5 d ago, last 5 d ago, peak #32
onsemi set to report Q3 earnings on Monday
Original: Earnings to watch: onsemi (ON) reports Q3 results tomorrow
Semiconductor maker onsemi will release its third-quarter financial results tomorrow, with investors watching for updates on demand from automotive and industrial customers, two of its key end markets. The chip sector has been under scrutiny this season as companies navigate uneven demand and inventory adjustments, so the report will be closely parsed for guidance and signs of a recovery.
Why now: Traders are positioning ahead of a major semiconductor earnings release due the next day.
Evidence
- Earnings to watch: onsemi (ON) reports Q3 results tomorrow · Yahoo Finance
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