Finding underrated Nasdaq 100 stocks to buy in 2024 will not be a walk in the park. Although the index recently experienced a small dip, many of the companies are still extremely expensive.

ON Semiconductor Corp. (ON) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Industrial materials maker Entegris Inc said on Wednesday it has entered into a long-term supply agreement with chipmaker ON Semiconductor to provide technological solutions to help manufacture silicon carbide (SiC)-based semiconductors.

ON Semiconductor Corporation (NASDAQ:ON ) KeyBanc Technology Leadership Forum Call August 5, 2024 12:30 PM ET Company Participants Hassane El-Khoury - President, Chief Executive Officer and Director Thad Trent - Executive Vice President and Chief Financial Officer Conference Call Participants John Vinh - KeyBanc Capital Markets John Vinh Good morning, everybody. My name is John Vinh.

Explore ON Semiconductor Corp.'s (ON) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.

The explosion of artificial intelligence has made it quite difficult to find high-growth stocks trading at fair value. Chip stocks provide an excellent example of this truth, but it's widely applicable to all things tech and high growth currently.

ON semiconductor's end markets look like they are bottoming in 2024. Hexcel looks like the future of the aerospace industry.

This company's exposure to the automotive and industrial end markets is excellent for the long term, less so for the near term. Both its key end markets have deteriorated in 2024.

PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Keiretsu Forum Mid-Atlantic, South-East, and Texas  regions proudly announce the latest liquidity event for investor members. SWIR Vision Systems, an early-stage company specializing in short-wave infrared (SWIR) technology, has been acquired by  onsemi . The move was  announced in early July  by onsemi. This acquisition marks a significant milestone for Keiretsu Forum members and the investment community.

ON Semiconductor Corporation beat market expectations in Q2 FY24 results, driven by growth in the silicon carbide (SiC) market. The company signed a multi-year contract with Volkswagen AG for SiC solutions, showcasing its leading technology in the market. Despite inventory destocking in automotive and industrial markets, ON Semiconductor is poised to outgrow the SiC market with strong technology and expansion efforts.

Shares of ON Semiconductor Corp ON tanked in early trading on Tuesday, despite the company reporting upbeat second-quarter earnings.

Onsemi's NASDAQ: ON Q2 results were no blowout. Still, its operational quality and outlook for success have the stock price in rebound mode, and the market is on track to hit a one-year high soon.