Today: 19 July 2026
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NASDAQ:ON 13 January 2026 - 27 June 2026

US equities this week: AI chip slide grabs focus as rest of market holds up

US equities this week: AI chip slide grabs focus as rest of market holds up

U.S. stock markets stayed closed Saturday, so investors looked back on a mixed week. The S&P 500 ended down, but Friday’s internals pointed higher. Advancers led decliners in the S&P 500 by 1.8-1, with 35 stocks notching new highs and only five setting new lows. On the Nasdaq, 263 stocks hit highs while 169 hit lows. Overall U.S. trading volume ran to 30.1 billion shares, topping the 20-day average of 23.1 billion.
US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

US stocks: After-hours chips slump overshadows gains ahead of jobs data

U.S. stocks finished Friday with the S&P 500 down 0.05% at 7,354.02, Nasdaq off 0.24% to 25,297.62, and the Dow lower by 0.09% at 51,876.11. The Russell 2000 added 0.1% Friday and booked a 1% gain for the week. Index losses looked modest under the surface.
US stocks mixed, Micron AI memory rally can’t lift Nasdaq

US stocks: Wall Street splits as chips drop but megacap platforms hold indexes

Wall Street stocks held near the flat line late Friday morning, with weaker action out of the gate. Underneath, AI names saw a wide divergence. The S&P 500 slipped 0.03% to 7,355.65, Reuters/LSEG data showed. The Nasdaq Composite lost 0.26% to 25,293.70. The Dow Jones Industrial Average edged down 0.01% to 51,914.82. All data delayed at least 15 minutes.
US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

U.S. stock index futures slipped Friday, giving up ground as chip names pulled back after Thursday’s Micron-driven rally. Investors are waiting for the close, with Russell index rebalancing expected to force funds to adjust positions, which may provide a clearer read on the session.
ON Semiconductor Corporation Stock: Why Onsemi’s $1.3 Billion Debt Deal Matters Now

ON Semiconductor Corporation Stock: Why Onsemi’s $1.3 Billion Debt Deal Matters Now

ON Semiconductor Corporation lined up $1.3 billion from a sale of zero-coupon convertible notes—these bonds skip interest payments and can later be swapped for equity—with the deal slated to wrap up Monday. Investors got the details in a May 7 filing: the notes mature in 2031 and come with a conversion premium set roughly 52.5% above ON’s May 6 closing price. The transaction throws a spotlight back on the chipmaker’s capital-raising playbook after a volatile stretch for the shares.
10 May 2026
ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor Corp., which operates under the onsemi brand, has deepened its push into China’s fast-growing EV sector. The company clinched a new deal with Geely Auto Group this week, expanding their partnership to deliver silicon carbide chips for Geely’s electric and hybrid models. Under the latest agreement, onsemi’s EliteSiC power technology will be rolled out across vehicles using Geely’s SEA-S platform, according to the company.
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