Onsemi Forecasts Strong Q2 Revenue Growth Amid Rising EV Chip Demand
On May 5, 2025, Onsemi announced a promising second-quarter revenue forecast, surpassing Wall Street expectations, driven by robust demand for its silicon carbide chips in electric vehicles (EVs). Despite economic uncertainties and looming U.S. tariffs, the chipmaker’s outlook signals a resilient EV market, offering insights for EV owners and enthusiasts following industry trends, according to…