ON Semiconductor (ON) News Today

ON Semiconductor Corporation (ON) shares are trading on sentiment driven by both industry-specific developments and broader economic factors. Below are the key recent news items affecting the stock:

• Positive Sentiment: First national semiconductor technology center at Albany Nanontech launched with $825 million federal backing, aimed at accelerating U.S. chip R&D and strengthening domestic supply chains—an industry-wide benefit that could boost ON’s long-term growth prospects. Historic day: First national semiconductor technology center opens at Albany Nanontech
• Neutral Sentiment: SPARK Microsystems’ selection for Waizowl’s new “Cloud Ultra” gaming mouse underlines continued innovation and demand in wireless connectivity chips. While not directly tied to ON’s product line, it reflects sustained healthy activity across the semiconductor sector. Waizowl Leads Wireless Gaming Revolution with New ‘Cloud Ultra’ Gaming Mouse Powered by SPARK Microsystems
• Negative Sentiment: Forecasts of rising U.S. inflation—partly driven by new tariffs on electronics imports—raise the risk of higher input costs for semiconductor manufacturers, potentially squeezing ON Semiconductor’s margins in the near term. U.S. inflation may have worsened last month as Trump’s tariffs start to bite