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Onsemi forecasts upbeat revenue on surging AI data center chip demand

Onsemi anticipates third-quarter revenue exceeding Wall Street expectations. This growth stems from surging demand for power management chips. The company expects AI data center revenue to more than double by 2026. Onsemi also reported second-quarter results in line with analyst estimates. Shares saw a slight decline…

4 Aug 2026

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Brief

"Onsemi forecasts upbeat revenue on surging AI data center chip demand" is a news brief attributed to Economic Times Tech, dated 3/8/2026. Onsemi anticipates third-quarter revenue exceeding Wall Street expectations. This growth stems from surging demand for power management chips. The company expects AI data center revenue to more than double by 2026. It is filed for executives.

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Editorial record

Published by
University of AI India editorial desk
Reviewed by
University of AI India editorial desk
Source verified
14/8/2026
Last reviewed
14/8/2026
AI assistance
May have assisted drafting; sources and claims require editorial review
Index status
Meets public index standard

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