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onsemi Says Auto Demand Has Bottomed as AI Data Centers Accelerate Growth
Source: marketbeat.com
Technology & InnovationArtificial IntelligenceCompany FundamentalsCorporate Guidance & Outlook
onsemi said demand conditions improved across its end markets, noting automotive appears to have bottomed in Q1 and that artificial-intelligence data-center demand is a significant growth driver. The commentary suggests improving fundamentals, though no specific revenue/EPS figures or guidance changes were provided. Overall, the update is modestly positive for expectations of near-term demand.
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