New York, Jan 24, 2026, 20:53 EST — Market closed.
- ON Semiconductor’s stock slipped 1.7%, wrapping up the session at $61.98.
- The company plans to report its results after the market closes on Feb. 9, followed by a call at 5 p.m. ET. 1
- The Federal Reserve is scheduled to announce its rate decision on Jan. 28, posing a short-term macro risk to chip stocks. 2
ON Semiconductor Corp is set to report its fourth-quarter and full-year results after the market closes on Feb. 9. The chipmaker’s shares slipped 1.7% on Friday, ending the day at $61.98. 3
Timing matters, with ON Semiconductor’s stock hovering near a 52-week high. Traders quickly turn away when guidance disappoints. On Friday, ON shares ended about 6% below that peak, and volume slipped under the 50-day average. Competitors, meanwhile, had mixed results on the day. 4
The broader market offered little help. The Dow dipped on Friday, the S&P 500 barely moved, and the Nasdaq eked out a small gain after a volatile week marked by Intel’s sharp drop following its downgraded forecast. 5
The PHLX Semiconductor Index slipped 1.21% on Friday, ending the day at 7,957.93. 6
Onsemi said it will host a conference call at 5 p.m. ET on Feb. 9 following its earnings release. The session will stream live on the company’s investor relations website, with a dial-in option for those who pre-register. A replay will be posted shortly afterward and remain available for 30 days, the company noted. 7
Onsemi, which focuses on the automotive and industrial markets, provides products designed for “intelligent power and sensing” uses. The company is listed in the S&P 500, the press release confirmed. 8
With earnings season on the horizon, opinions are swirling. Julian McManus, a portfolio manager at Janus Henderson, dubbed this a “show-me” phase, insisting companies need to prove that rising stock prices are justified by strong revenue growth. 9
The next few sessions might not favor ON. A drop in risk appetite or any signs that demand is cooling again in the auto or industrial sectors could pressure a stock priced for steady execution.
The macro calendar adds a new wrinkle. The Federal Reserve meets Jan. 27-28, with its rate decision dropping on Jan. 28, then a press conference later that afternoon. 10
ON Semiconductor will release its earnings and update guidance after the market closes on Feb. 9. Traders are zeroing in on that date as a crucial checkpoint. 11