onsemi Selected by Nasdaq for 100 Index
12 Junho 2023 - 10:00AM
Business Wire
Addition to index recognizes onsemi as a key
innovator in the technology industry
onsemi (Nasdaq: ON), a leader in intelligent power and
sensing technologies, will be added to the Nasdaq-100 Index® prior
to market open on Tuesday, June 20, 2023. The inclusion comes after
two consecutive years of record results, tripling the company’s
market cap over the last 30 months. The company closed out 2022
with $8.3 billion in revenue and with earnings growing 3x faster
than revenue.
“Our addition to the prestigious Nasdaq-100 Index is a testament
to the successful execution of our strategy over the last two
years, during which our employees around the world have unlocked
tremendous value for onsemi shareholders through their unwavering
dedication and innovation,” said Hassane El-Khoury, president and
chief executive officer, onsemi. “We are leading with superior
technology in our key end markets of automotive and industrial, and
we intend to deliver above-market revenue growth while maintaining
our industry-leading financial performance.”
onsemi has been driving structural changes across the company
while delivering intelligent power and sensing solutions for the
high-growth megatrends in automotive and industrial. Today, the
company is doubling down on its premium businesses to address the
market opportunity with silicon carbide, silicon power, power ICs,
image sensors and sensor interfaces. With a proven strategy and
committed revenue through long-term supply agreements, the company
is well-positioned to further accelerate growth in the
semiconductor industry.
Widely recognized as one of the world’s largest preeminent
large-cap indexes, the Nasdaq-100 Index is comprised of the 100
largest non-financial companies listed on the Nasdaq Stock Market
and acts as a benchmark for financial products such as options,
futures and funds. It is heavily allocated towards top-performing
industries such as technology, consumer goods and healthcare.
onsemi was previously added to the S&P 500® index, another
premier benchmark of the U.S. equities market, in June of 2022.
Caution Regarding Forward-Looking Statements
This press release contains “forward-looking statements,” as
that term is defined in Section 27A of the Securities Act of 1933,
as amended and Section 21E of the Securities Exchange Act of 1934,
as amended. Forward-looking statements are often characterized by
the use of words such as “believes,” “estimates,” “expects,”
“projects,” “may,” “will,” “intends,” “plans,” “should,” or
“anticipates,” and similar expressions. However, all statements,
other than statements of historical facts, could be deemed
forward-looking statements. All forward-looking statements in this
press release are made based on onsemi’s current expectations,
forecasts, estimates and assumptions, and involve risks,
uncertainties and other factors that could cause results or events
to differ materially from those expressed in the forward-looking
statements. Additional factors that could cause results to differ
materially from those projected in the forward-looking statements
are contained in onsemi’s Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q, Current Reports on Form 8-K, and other of
onsemi’s filings with the SEC, respectively. Investing in our
securities involves a high degree of risk and uncertainty, and you
should carefully consider the trends, risks and uncertainties
described in our 2022 Annual Report on Form 10-K and other reports
filed with or furnished to the SEC before making any investment
decision with respect to our securities. If any of these trends,
risks or uncertainties actually occurs or continues, our business,
financial condition or operating results could be materially
adversely affected, the trading prices of our securities could
decline, and you could lose all or part of your investment. onsemi
assumes no obligation to update such information, except as may be
required by law. All forward-looking statements attributable to us
or persons acting on our behalf are expressly qualified in their
entirety by this cautionary statement.
About onsemi
onsemi (Nasdaq: ON) is driving disruptive innovations to
help build a better future. With a focus on automotive and
industrial end-markets, the company is accelerating change in
megatrends such as vehicle electrification and safety, sustainable
energy grids, industrial automation, and 5G and cloud
infrastructure. onsemi offers a highly differentiated and
innovative product portfolio, delivering intelligent power and
sensing technologies that solve the world’s most complex challenges
and leads the way to creating a safer, cleaner, and smarter world.
onsemi is recognized as a Fortune 500® company and included
in the Nasdaq-100 Index® and S&P 500® index. Learn more about
onsemi at www.onsemi.com.
onsemi and the onsemi logo are trademarks of Semiconductor
Components Industries, LLC. All other brand and product names
appearing in this document are registered trademarks or trademarks
of their respective holders.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230612251758/en/
Krystal Heaton Director, Head of Public Relations onsemi
(480) 242-6943 Krystal.Heaton@onsemi.com
Parag Agarwal Vice President - Investor Relations &
Corporate Development onsemi (602) 244-3437 investor@onsemi.com
ON Semiconductor (NASDAQ:ON)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
ON Semiconductor (NASDAQ:ON)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024