Onsemi Is A Deep-Value In The Chip Sector
Onsemi Tries To Bottom After Strong Q1 ResultsThe correction in tech stocks may not be over, the headwinds within the economy may still be present, but onsemi’s (NASDAQ:ON) Q1 results prove that business is still strong in the chip sector. Specifically, onsemi’s results prove the company’s refocusing efforts are paying off and that is seen in the segment data. The company calls out the auto and industrial markets as drivers of the growth but all three operating segments are up double-digits and underpinning the company’s success. Q1 2022 hedge fund letters, conferences and more “Our focused st...