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What's Going On With ON Semiconductor Stock Monday? - NIO (NYSE:NIO), ON Semiconductor (NASDAQ:ON)
ON Semiconductor’s shares are up following an expanded collaboration with NIO Inc. to supply EliteSiC technology for NIO’s next-generation 900V EV platforms, aimed at improving efficiency and performance. The company is set to report earnings on May 4, 2026, with analysts anticipating increased EPS and revenue. Bank of America Securities recently upgraded ON Semiconductor to Buy, citing an improving pipeline and strong financial outlook.