ON Semiconductor stock: what to watch before Wall Street reopens Tuesday
New York, Jan 19, 2026, 20:41 EST — Market closed. ON Semiconductor Corp shares ended Friday up roughly 0.1%, closing at $60.33, ahead of the U.S. market holiday Monday for Martin Luther King Jr. Day. Chip stocks showed strength heading into the break, with the iShares Semiconductor ETF climbing about 1.6%, while the SPDR S&P 500 ETF edged down close to 0.1%. (New York Stock Exchange) Deal whispers are stirring again in semiconductors as Tuesday kicks off. Micron announced it signed a letter of intent to acquire Powerchip’s P5 fab in Taiwan for $1.8 billion in cash. The move targets