onsemi Beats Earnings, AI & Auto Boost Margins

onsemis Q1 earnings surpassed Wall Street estimates, with revenue of $1.51 billion and adjusted EPS of $0.64. Margins improved significantly, with adjusted EBITDA at $576.3 million. The company attributed its success to surging AI data center demand and early auto sector recovery. Despite beating expectations, the stock dipped. Analysts questioned when AI data centers and new auto designs would show clearly in results, but the CEO highlighted growth and future margin gains. For Q2, guidance looks solid with a revenue midpoint of $1.59 billion and EPS of $0.71. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2f957897e579ff0f