Morningstar
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May 11, 2026
ON Semiconductor Corporation: Onsemi Earnings: AI Growth Supplements Our Cyclical Recovery Thesis
Summary
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivotin
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Analyst Profile
William Kerwin
Equity Analyst
William Kerwin is an associate equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar Inc. He provides support for broad coverage of companies within the technology space.Before joining the firm full-time in 2019, Kerwin was an intern on Morningstar's basic- materials team.Kerwin holds a Bachelor of Science in economics with a math emphasis and French from the University of Wisconsin-Madison.
