# Onsemi AI chip revenue growth

> Live situation record from CLSTR: https://clstr.news/situations/onsemi-ai-chip-revenue-growth
> Updated: 2026-08-06T14:11:44.000Z. Sources: 12. Developments: 2.

Onsemi reported a strong earnings quarter and reaffirmed its revenue outlook as demand for AI data‑center power‑management chips accelerated. On August 3, the company forecast third‑quarter revenue of $1.65‑$1.75 billion, said total revenue would more than double by 2026, highlighted a $7 billion all‑stock acquisition of Synaptics, and noted new platform wins with China’s Great Wall cloud provider. By August 6, Onsemi’s Q2 results showed $1.604 billion in revenue and a 39.6 % year‑over‑year earnings increase, driven by the same AI data‑center demand and a near‑60 % jump in silicon‑carbide sales. The firm also repurchased $332 million of stock and kept its Q3 revenue guidance in the $1.65‑$1.75 billion range, underscoring continued growth momentum in its AI‑focused power solutions.

## Timeline

### 2026-08-06: ConocoPhillips posts $3.95bn Q2 profit as ON Semiconductor beats earnings, AI demand drives growth

ConocoPhillips posted $3.95 bn Q2 profit on higher energy prices, while ON Semiconductor beat earnings, driven by AI data‑center demand and strong silicon‑carbide sales.

6 sources. https://clstr.news/cluster/conocophillips-posts-395bn-q2-profit-as-on-semiconductor-beats-earnings-ai-demand-drives-growth

### 2026-08-03: Onsemi projects revenue surge as AI data‑center chip demand rises

Onsemi forecasts Q3 revenue of $1.65‑$1.75 bn, above estimates, and expects revenue to double by 2026 on AI data‑center chip demand. Q2 results show 9 % revenue growth, EPS up, and a $7 bn Synaptics acquisition

9 sources. https://clstr.news/cluster/institutional-investors-boost-holdings-in-on-holding-ag-and-onemain-holdings

---
Cite as: Onsemi AI chip revenue growth. CLSTR, https://clstr.news/situations/onsemi-ai-chip-revenue-growth