companies / NASDAQ
onsemi (ON Semiconductor)
SiC 與矽功率元件 IDM；宣告支援 800VDC 架構 [EDN]。2024 底受出口管制 + 歐盟限用中國功率元件，催化客戶 China+1 與台廠二供驗證。
近 30 天股價
市值 $33.79B
最新估值
**CY27E 重錨 + 修正現價（supersede CY26E 版）。** 今年已過半 → 改用 CY27E（CY26E 嚴重低估 onsemi，因 FY26 仍是谷底復甦年）；現價更正為 live \$131.55（DB \$121.62 為 stale）。**關鍵**：以 CY27E 獲利看，onsemi 在 \$131.55 是 **20.0x**（base EPS \$6.59）—— 不再是「priced for perfection」。套 28x（純度王溢價）→ mid **\$184.52（+40.3% vs spot）**，這是 DCF 折掉的輪動上檔。forward 路徑（pe_path 28→30→28）：CY27E ~\$185 → CY28E ~\$257 → CY29E ~\$273；輪動高標 blue EPS 7.29×34x ≈ \$248。**劇本**：US IDM 領頭、Nexperia 制裁 + 歐盟去中化、99 週+ 交期→漲價、800V 明年 ~5% 滲透率「破冰船」、最純 AI-SiC play。confidence low（CY27E base 仍需谷底強復甦）。
看歷史估值 →在 BOM 上的位置
題材歸屬
在 research 中被提到
- MI455X Helios 機架——AMD 第一個正面對打 NVL72 的 rack-scale 系統
…架實機拍下：18 個 compute tray、每 tray 4 顆 MI455X、合計 72 GPU + 18 顆 EPYC Venice CPU；雙寬機殼大約 7000 lb。AMD 自己的官方說明把 Helios 定位為「Built on Meta's 2025 OCP design」——基底是 Meta 在 2025 OCP Summit 推出的開放機架，AMD 把自家 silicon + 散熱與電源整合上去。這也是為什麼 HPE 在 2026 4 月成為首家公開宣布…
- Rubin 液冷供應鏈——AVC、Cooler Master、Jentech、Delta 誰拿到什麼
… 機架的液冷可以拆成三段： 1. **GPU / NVSwitch 冷板（cold plate）**——直接貼 die，銅製，每塊機架 NVL72 約 80–90 片冷板。 2. **機架內歧管（manifold）與 quick-disconnect**——把冷板與 CDU 串接，常用 EPDM 軟管 + 不漏液接頭，CPC 與 Stäubli 是兩家美國主力。 3. **CDU（冷卻分配單元）**——把熱量從機架排到設施側冷水迴路，是高功率的核心硬體。 ## 冷板：Di…
- Rubin NVL576 的 CPO 光通訊鏈——誰在做什麼
…entum 自製，Coherent 部分外購 II-VI 線。 - **光纖**：Corning 2026-05-06 拿到 NVIDIA 32 億美元三年期訂單，提供 polymer fiber array 與機架內 polarization-maintaining fiber。 - **CPO 連接器**：Lotes (3308.TW) 與 BizLink (3665.TW) 是台廠主要供應商，負責光引擎到 PCB 的低 loss 連接器。 ## 訊號路徑 機架內訊號…
- NVIDIA Vera Rubin — 平台與三條 SKU 線
…ra（GB300）的下一代資料中心 GPU 平台，預定 2026 年下半年量產。GPU die 由 TSMC 以 N3P 製程代工，並繼續使用 CoWoS-L 進階封裝；記憶體升級到 HBM4，由 SK Hynix、Samsung、Micron 三家供貨。NVIDIA 在 2026 年 GTC 公開的 Vera Rubin 機架平台分成三個變體，分別對應不同的散熱、互連、出貨節奏。 ## 三個 variant 一覽 - **Vera Rubin NVL72**：72 顆 …
- Google TPU v8 / v9 供應鏈拆解（Sunfish / Zebrafish 與第九代展望）
…com 操刀設計，2 顆 compute die + 1 顆 I/O chiplet + 8 stacks of 12-high HBM3e [TheNextWeb / Cloud Next 報導, 2026-04-22]。比起第七代 Ironwood 的 8-high 堆疊，記憶體頻寬約提升 30%。 - **TPU 8i（代號 Zebrafish）**：推論專用，由 MediaTek 設計，1 顆 compute die + 1 顆 I/O die + 6 stacks …
- 光聖科技 (6442.TWO)：從光纖被動元件到 CPO 矽光子主動光源
… 名單裡相對特殊的位置 — 多數台廠光通訊公司毛利率還停留在 30–40%。 生產基地分散在台灣、菲律賓、中國、歐洲，菲律賓新廠 2025-07 投產，光通訊主動與被動兩類都做，主要功能是分散地緣風險，公司表示三座工廠生產相同產品 [CMoney 光聖法說, 2026]。產能利用率 2025 年下半年達 100% 滿載 [vocus 光聖法說會, 2026-03-13]。 值得 weilab 收錄的原因有兩條：一是它以高芯數光纜在資料中心 scale-up 端切入 NVI…
財報 highlight
| 期別 | Revenue | Gross profit | Operating income | EPS | 毛利率 | 營益率 | YoY | QoQ | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026Q1 | $1.51B | $0 | — | — | 0.0% | — | +4.70% | -1.10% | yahoo-finance2 |
| 2025Q4 | $1.53B | $0 | — | — | 0.0% | — | — | -1.34% | yahoo-finance2 |
| 2025Q3 | $1.55B | $0 | — | — | 0.0% | — | — | +5.60% | yahoo-finance2 |
| 2025Q2 | $1.47B | $0 | — | — | 0.0% | — | — | — | yahoo-finance2 |
法說 / IR events
競爭對手
新聞 timeline
- onsemi2026-07-17 · linkedin.com
Overview: 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. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world. Learn more about onsemi at www.onsemi.com. Website: https://www.onsemi.com/ Crunchbase Url: https://www.crunchbase.com/organization/on-semiconductor?utm_source=linkedin&utm_medium=referral&utm_campaign=linkedin_companies&utm_content=profil
- Onsemi2026-07-17 · en.wikipedia.org
# onsemi. | Products | Intelligent power and sensing technologies Power & signal management Logic, discrete, & custom solutions |. **ON Semiconductor Corporation** (stylized and doing business as **onsemi**) is an American semiconductor supplier company, based in Scottsdale, Arizona. Based on its 2016 revenues of $3.907 billion, onsemi ranked among the worldwide top 20 semiconductor sales leaders, and was ranked No. 483 on the 2022 *Fortune* 500 based on its 2021 sales. The company was founded in 1999. In February 2022, it was announced that BelGaN Group") BV had completed the acquisition of all shares of ON Semiconductor Belgium BV from the onsemi group. * On July 17, 2008, onsemi and Catalyst Semiconductor, Inc. announced the acquisition of Catalyst Semiconductor, Inc. by onsemi for $115
- onsemi: Intelligent Power and Sensing Technologies2026-07-17 · onsemi.com
IC Design and Foundry Services. Our user-friendly system solution guides, invaluable resources that explain **onsemi**'s product range for different applications. Search through datasheets, application notes, and white papers to locate the relevant information. Have questions about our products and services, or need help with a design? To enable the Next Generation of Intelligent Systems for Physical AI. High-Efficiency GaN for Modern Power Systems. GaNEXUS™ delivers high‑efficiency, high‑density gallium nitride power conversion, from source to load, across AI, industrial, automotive, and energy systems. Discover onsemi at Electronica China 2026: innovations in power and semiconductor solutions driving efficiency, sustainability, and next-gen electronics. Discover onsemi at Electronica Chi
- ON ON Semiconductor Corporation2026-07-17 · finance.yahoo.com
2. Best 0% APR cards. 3. Best balance transfer cards. 2. Best high-yield savings accounts. 3. Best money market accounts. 4. Best free checking accounts. 3. How to get approved. ## News headlines ON Semiconductor (ON) is experiencing volatility, down **1.27%** recently, but has surged **67% year-to-date** amid strong demand for AI and automotive semiconductors. ON Semiconductor (ON) is experiencing volatility, down **1.27%** recently, but has surged **67% year-to-date** amid strong demand for AI and automotive semiconductors. * Earnings Date (est.) Aug 3, 2026. ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. The Power Solutions Group segment offers discrete, module, and integ
- ON Semiconductor Corp | Reuters2026-07-17 · reuters.com
Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv. ## Browse World. ## Browse Business. ## Browse Legal. ON Semiconductor Corp said on Thursday it had agreed to acquire Synaptics in an all-stock deal valued at about $7 billion, its largest acquisition to date, as the chipmaker seeks to expand its presence in AI-enabled devices and so-called physical AI. Hedge funds stuck to their holdings in companies with strong fundamentals in April, particularly technology and semiconductor stocks, according to a report on Wednesday from data platform Hazeltree, in a month when the S&P 500 jumped over 10%. The S&P 500 and the Nasdaq closed lower on Tuesday while the Dow edged up to its third record close in a row, as investors digested disappointing