（文章来源：第一财经） 安森美半导体发布财报，2025年第二季度营收14.69亿美元，调整后每股收益0.53美元。 ...

安森美宣布，小米汽车电动SUV产品YU7部分车型配备了由安森美的EliteSiC M3e技术支持的先进800V 驱动平台。 ...

Financial Performance - Revenue for Q2 2025 was $1,468.7 million, a 2% increase from Q1 2025 and a 15% decrease from Q2 2024[2] - GAAP gross margin was 37.6%, compared to 20.3% in Q1 2025 and 45.2% in Q2 2024[3] - GAAP operating margin improved to 13.2% from (39.7)% in Q1 2025, but decreased from 22.4% in Q2 2024[2] - Net income attributable to ON Semiconductor Corporation was $170.3 million, a significant recovery from a loss of $486.1 million in Q1 2025[2] - Diluted earnings per share for Q2 2025 was $0.41, compared to a loss of $1.15 in Q1 2025 and earnings of $0.78 in Q2 2024[3] - Operating income for the quarter was $193.4 million, a significant recovery from an operating loss of $(573.7) million in the same quarter of 2024[16] - Net income for the quarter ended July 4, 2025, was $171.7 million, a significant improvement compared to a net loss of $485.2 million in the same quarter of 2024[20] - GAAP income before income taxes was $202.2 million, a significant recovery from a loss of $561.0 million in the previous year[23] - Non-GAAP income before income taxes reached $263.6 million, slightly down from $276.7 million year-over-year[25] Cash Flow and Investments - Cash from operations was $184.3 million, with free cash flow of $106.1 million year-to-date[3] - Operating cash flow for the six months ended June 28, 2025, was $786.6 million, down from $860.9 million in the same period of 2024[20] - The company reported a net cash used in investing activities of $121.7 million for the quarter, compared to $214.9 million in the previous year[20] - Free cash flow for the latest quarter was $106.1 million, a decrease from $454.7 million in the previous quarter[26] - Net cash provided by operating activities for the quarter ended July 4, 2025, was $184.3 million, compared to $602.3 million for the same quarter in 2024, reflecting a decrease of approximately 69%[28] - Free cash flow for the quarter ended July 4, 2025, was $106.1 million, down from $454.7 million in the same quarter of 2024, indicating a decline of about 77%[28] Segment Performance - The PSG segment generated $698.2 million in revenue, an 8% increase sequentially but a 16% decrease year-over-year[5] - Total revenue for the last twelve months was $6,398.8 million, with the latest quarter revenue at $1,468.7 million[26] Guidance and Projections - The company projects Q3 2025 revenue to be between $1,465 million and $1,565 million, with a gross margin of 36.4% to 38.4%[6] - Diluted earnings per share guidance for Q3 2025 is expected to be between $0.51 and $0.61[6] Assets and Liabilities - Total current assets increased slightly to $6,351.4 million from $6,326.5 million in December 2024[18] - Total liabilities decreased to $5,165.0 million from $5,205.0 million in December 2024[18] - Cash and cash equivalents were reported at $2,526.7 million, down from $2,762.5 million in December 2024[18] - The company reported total stockholders' equity of $7,961.2 million, a decrease from $8,048.9 million in December 2024[18] Expenses - Research and development expenses for the quarter were $143.8 million, compared to $164.1 million in the same quarter of 2024[16] - The company reported a significant increase in depreciation and amortization expenses, totaling $156.4 million for the quarter, compared to $168.2 million in the previous year[20] - Cash paid for income taxes increased to $65.0 million for the quarter ended July 4, 2025, compared to $21.5 million in the same quarter of 2024, representing an increase of approximately 202%[28] Non-GAAP Measures - Non-GAAP gross profit reached $552.5 million, with a non-GAAP gross margin of 37.6%, reflecting a strong performance in operational efficiency[22] - Non-GAAP operating income for the quarter was $254.8 million, compared to $264.0 million in the same quarter of 2024[22] - Non-GAAP diluted earnings per share were $0.53, compared to $0.55 in the previous quarter[25] - Non-GAAP measures are utilized by management to evaluate core operational activities and make strategic decisions, providing insights into the company's performance independent of non-recurring items[30] - Management emphasizes the importance of non-GAAP measures for investors to understand the company's current and future operating results[30] - The non-GAAP diluted share count allows management to evaluate potential dilution from outstanding restricted stock units, excluding certain convertible notes[37] Special Items - Total special items affecting GAAP operating income included restructuring-related charges of $1.9 million and amortization of acquisition-related intangible assets of $12.3 million[22] - Special items impacted GAAP net income, with total special items amounting to 51.0 million in the latest quarter[25]

SCOTTSDALE, Ariz., Aug. 04, 2025 (GLOBE NEWSWIRE) -- onsemi (the "Company") (Nasdaq: ON) today announced its second quarter 2025 results with the following highlights: "Our ongoing transformation is resulting in a more predictable business model, reflecting the strength of our strategy and our commitment to long-term value creation. We are beginning to see signs of stabilization across our end markets, and we remain well-positioned to benefit from a market recovery," said Hassane El-Khoury, president and CE ...

Core Insights - onsemi's EliteSiC technology enables electric vehicles to achieve the longest driving range in their class, particularly in select Xiaomi YU7 electric SUV models featuring an advanced 800V drive platform [1][2][3] Group 1: Technology and Performance - The integration of onsemi's EliteSiC M3e technology into traction inverters enhances performance and power density while reducing system costs, allowing for longer driving ranges [2][3] - onsemi's EliteSiC technology boasts the lowest on-resistance in the industry, facilitating faster vehicle acceleration without compromising efficiency and range [2][3] Group 2: Industry Impact - The technology is positioned to redefine electric mobility standards by enabling higher power density, improved thermal performance, and superior energy efficiency, which are essential for next-generation electric vehicles [3] - As the global shift towards electrification accelerates, onsemi's solutions are becoming integral in setting new benchmarks for longer ranges and higher performance in electric vehicles [3] Group 3: Company Overview - onsemi is focused on driving innovations in automotive and industrial markets, addressing megatrends such as vehicle electrification, sustainable energy grids, and industrial automation [4] - The company is included in the Nasdaq-100 Index and S&P 500 index, highlighting its significant presence in the market [4]

Core Insights - onsemi has announced that select Xiaomi YU7 electric SUV models will utilize its advanced 800V drive platform powered by EliteSiC M3e technology, which enhances performance and efficiency for electric vehicles [1][2][3] Group 1: Technology and Performance - The integration of onsemi's EliteSiC M3e technology into traction inverters improves performance and power density while lowering overall system costs, enabling longer driving ranges for electric vehicle users [2] - EliteSiC technology boasts the lowest on-resistance in the industry, facilitating faster vehicle acceleration without compromising efficiency and range [2][3] - The technology is designed to support the development of electric vehicles that offer longer ranges, quicker acceleration, and enhanced reliability, setting new standards in electric mobility [3] Group 2: Company Overview - onsemi focuses on automotive and industrial markets, driving innovations in vehicle electrification, sustainable energy, industrial automation, and 5G infrastructure [4] - The company is recognized for its differentiated product portfolio that addresses complex global challenges, contributing to a safer, cleaner, and smarter world [4] - onsemi is listed in the Nasdaq-100 Index and S&P 500 Index, indicating its significant presence in the market [4]

Core Viewpoint - On Semiconductor (ON) is expected to report second-quarter 2025 results on August 4, with projected revenues between $1.4 billion and $1.5 billion, and earnings per share (EPS) in the range of 48-58 cents, indicating a decline from the previous year [1][10]. Revenue and Earnings Expectations - The Zacks Consensus Estimate for second-quarter 2025 revenues is $1.45 billion, reflecting a 16.44% decline from the same quarter last year [1]. - The consensus for earnings is set at 54 cents per share, which represents a 43.75% decrease compared to the prior year's figure [2]. Segment Performance - The automotive segment experienced a sequential decline of 26% in the first quarter of 2025, and is expected to continue declining in the second quarter due to slow EV adoption, supply-chain disruptions, and geopolitical uncertainties [3]. - Conversely, the industrial segment showed signs of recovery, with revenues anticipated to increase in the mid to high single digits sequentially [4]. Pricing and Margin Impact - To maintain market share, ON Semiconductor reduced pricing by low single digits in the first quarter, which is not expected to impact revenues but may affect the bottom line [5]. - The company anticipates a decline in gross margin due to under-absorption of resources and reduced factory utilization in the upcoming quarter [6]. Cost Management Initiatives - A company-wide restructuring initiative in the first quarter led to a 9% workforce reduction and the shutdown of non-manufacturing sites, expected to generate approximately $25 million in cost savings [7]. Earnings Prediction Model - According to the Zacks model, ON has an Earnings ESP of +16.85% and a Zacks Rank of 2 (Buy), indicating a favorable outlook for an earnings beat [8].

I have covered On Semiconductor (NASDAQ: ON ), also called OnSemi, several times. Issuing a buy recommendation on April 26, 2024, and October 29, 2024. Unfortunately, neither recommendation has done well; my initial recommendation is down 13.81% to I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I of ...

7月30日，安森美(onsemi)宣布与英伟达合作，共同推动下一代AI数据中心加速向800V直流供电方案转 型。 ...

Core Viewpoint - Onsemi Semiconductor (ON.US) has partnered with Nvidia (NVDA.US) to accelerate the development of 800V DC power solutions for next-generation AI data centers, leading to a significant increase in Onsemi's stock price by over 6% [2] Group 1: Industry Trends - The demand for power in global AI data centers is rapidly increasing, with projections indicating that by 2030, global data center electricity demand will more than double to approximately 945 TWh, driven primarily by AI applications [2] - AI data center power consumption is shifting from traditional levels of 20-30 kW per rack to levels of 500 kW and even 1 MW, necessitating a transition to 800V high-voltage direct current (HVDC) architecture [3][4] - The current mainstream power systems in large-scale cloud computing and AI training clusters are still based on 48V DC or 380/400V DC, with 800V being in the early pilot stage [4] Group 2: Company Developments - Onsemi Semiconductor's smart power solutions are positioned as critical components for powering next-generation AI data centers, achieving high efficiency and power density in energy conversion [2] - Nvidia is expected to see new revenue streams from the 800V DC high-voltage distribution, which will serve as the backbone for future megawatt-level AI data centers, enhancing its growth channels beyond AI GPUs and high-performance networking solutions [5] - Onsemi is set to provide 800V-level SiC MOSFETs, solid-state transformers, and high-density DC-DC modules, strengthening its competitive edge in the high-voltage SiC power market against rivals like Infineon [5]