onsemi selected for Nasdaq 100 Index

What happened

onsemi will be added to the Nasdaq 100 Index on June 20th, following two consecutive years of record results and a tripling of its market cap over the last 30 months. The company reported 2022 revenue of $8.3 billion, with earnings growth significantly outpacing revenue. 利多: Index inclusion signals strong financial performance and may increase institutional investor interest, but does not directly alter the supply-demand fundamentals for its power semiconductors.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 6/12/2023 · View original source