New York, Jan 24, 2026, 20:53 EST — Market closed.
- ON Semiconductor shares ended the day 1.7% lower, closing at $61.98.
- The company said it will release its results after the market closes on Feb. 9, with a call scheduled for 5 p.m. ET. (onsemi)
- A Federal Reserve rate decision set for Jan. 28 represents a near-term macro risk for chip stocks. (Federal Reserve)
ON Semiconductor Corp said it plans to release its fourth-quarter and full-year results after markets close on Feb. 9. The announcement follows a dip in the chipmaker’s shares, which closed Friday at $61.98, down 1.7% for the day. (Nasdaq)
Timing is key here, as the stock remains near a recent 52-week peak. Traders have shown little patience for chip stocks when guidance falls short. ON’s shares closed Friday roughly 6% under that high, with volume dipping below its 50-day average. Meanwhile, rivals saw a split in their trading outcomes. (MarketWatch)
The broader market provided scant support. The Dow slipped on Friday, the S&P 500 held steady, and the Nasdaq managed a slight gain following a turbulent week highlighted by Intel’s steep slide after its outlook revision. (AP News)
Semiconductors took a hit Friday, with the PHLX Semiconductor Index dropping 1.21% to close at 7,957.93. (Nasdaq Global Index Watch)
Onsemi announced it will hold a conference call at 5 p.m. ET on Feb. 9 after releasing its results. The event will stream live on the company’s investor relations site, with a dial-in option available via pre-registration. A replay will be up shortly after and accessible for 30 days, the company added. (GlobeNewswire)
The company, known as onsemi, targets automotive and industrial sectors, offering products geared toward “intelligent power and sensing” applications. According to the press release, it is a member of the S&P 500. (Businessinsider)
As earnings season approaches, opinions are flying. Julian McManus, portfolio manager at Janus Henderson, called it a “show-me” period, where companies must back up soaring stock prices with solid revenue growth. (Reuters)
The coming sessions could still work against ON. Any slip in risk appetite—or signals hinting that demand is cooling once more in auto or industrial sectors—might weigh on a stock already valued for smoother execution.
The macro calendar throws in another twist. The Federal Reserve convenes Jan. 27-28, delivering its rate decision on Jan. 28, followed by a press conference that same afternoon. (Federal Reserve)
ON Semiconductor’s key date is Feb. 9, when it reports earnings and provides guidance after the market closes. That’s the milestone traders will be watching closely in the coming days. (Barchart)