|Bid||63.35 x 900|
|Ask||64.22 x 800|
|Day's Range||61.66 - 64.18|
|52 Week Range||41.88 - 76.78|
|Beta (5Y Monthly)||1.80|
|PE Ratio (TTM)||16.88|
|Earnings Date||Oct 31, 2022 - Nov 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||76.04|
Global semiconductor manufacturer On Semiconductor Corp. (Onsemi) is offloading nearly 300,000 square feet of office and manufacturing space as it moves some roles out of the Bay Area and centralizes local operations in a smaller facility in San Jose. Onsemi (Nasdaq: ON) plans to vacate about 290,000 square feet of space it currently occupies in three facilities in Sunnyvale, Santa Clara and San Jose. This summer it signed a 15-year lease for a full building of 92,448 square feet at 110-180 Rose Orchard Way in San Jose, where it plans to shift roles that aren't moving to facilities in Arizona closer to its headquarters in Phoenix.
Growth holdouts such as Tesla, Enphase and Shockwave are starting to buckle in the bear market as Treasury yields soar.
ON Semiconductor Corp. (ON) closed the most recent trading day at $68.34, moving -0.2% from the previous trading session.