ON Semiconductor Corporation (ON): An Undervalued Chip Stock Near 52-Week Lows

Yahoo Finance10:16

U.S. stocks closed higher | All three major indexes rose, with the Dow up over 1%, and NVIDIA rising more than 2% to regain the top position in Market Cap; U.S. space Concept stocks were strong, with RKLB soaring 30%.

On the first trading day of Trump's return to the White House, the Dow rose more than 1%, the chip Index rose over 2% at its peak, after multiple Institutions downgraded it, Apple fell over 3%, and NVIDIA surpassed to reclaim the Global Market Cap throne. Tesla turned down, Trump's media fell 11%, and Oracle, which will collaborate with SoftBank to invest in USA AI Infrastructure, rose over 7%. Netflix's Earnings Reports were Bullish, rising over 10% after hours. The China concept Index rose over 1% before turning down, New Oriental fell over 23%, and Xpeng Autos rose over 6%. Long-term bonds in Europe and the USA led gains, the dollar hit a two-week low, the Canadian dollar and Mexican peso fell, the offshore yuan briefly fell below 7.29 yuan, Trump's coin turned up, US oil fell as much as 3%, and Gold rose over 1% to its highest in more than two months.

wallstreetcn07:18

ON Semiconductor Corp. (ON) Exceeds Market Returns: Some Facts to Consider

Yahoo Finance07:00

BofA Securities Maintains ON Semiconductor(ON.US) With Buy Rating, Maintains Target Price $75

Futu NewsJan 21 20:31 · Ratings

New Buy Rating for ON Semiconductor (ON), the Technology Giant

TipRanksJan 21 19:56 · Ratings

If You Invested $1000 In This Stock 10 Years Ago, You Would Have This Much Today

BenzingaJan 20 22:00