www.quiverquant.com
2026-06-02
Quiver Quantitative
onsemi (ON) is up 6.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to a broader semiconductor risk-on session after a widely followed industry outlook update reinforced expectations for strong 2026 demand, particularly tied to AI infrastructure. The stock may also be benefiting from positioning ahead of onsemi’s scheduled June 3, 202