Bullish Case: New fabs and investment in India hint at demand growth. Recent bullish price action and strong support for the semiconductor industry supply chain development by the US and Mexico could drive upside.


Bearish Case: Class-action lawsuit and lackluster Q1 guidance indicate potential headwinds. Global chip oversupply, geopolitical risks, and market volatility could pressure prices.


Potential Outcomes:

1. Positive industry developments and technology advances increase demand (40%).

2. Ongoing lawsuits and regulatory challenges hamper growth (30%).

3. Market volatility persists, affecting short term performance (30%).


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April 04, 2024


ON Semiconductor Forecast

ON        ON Semiconductor
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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