Chip Maker Rides EV Market to New, Expensive Heights

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Heard on the Street: There’s a lot to like about the coming business prospects for chip maker OnSemi

Updated May 17, 2023 12:58 pm ETAn ON Semiconductor plant in Oregon. The company expects revenue to rise by an average of 10%-12% annually over the next five years.

spin out these days. But keeping up with the electric-vehicle maker and its growing fleet of rivals still doesn’t come cheap to the chip maker.Continue reading your article with

 

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