ON Semi Stock Rallying Into Earnings – Bulls Eyeing Breakout

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ON Semiconductor is set to report its fiscal Q4 2025 results, with the stock having rallied significantly year-to-date. Investors are keenly focused on gross margin execution and forward guidance concerning utilization rates, especially in its automotive and industrial markets, and the impact of AI data-center power demand. Although the company has a strong beat rate historically, stock reactions are typically driven more by guidance and margin commentary rather than headline EPS beats.

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