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ON Semi CEO Hassane El-Khoury sits down with Jim Cramer
  + stars: | 2024-03-18 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
ON Semi CEO Hassane El-Khoury sits down with Jim CramerON Semi President and CEO Hassane El-Khoury joins 'Mad Money' host Jim Cramer to talk the impact of the EV slowdown on its business, what's next for the company, the state of its supply chain and more.
Persons: Hassane El, Khoury, Jim Cramer, what's
Watch CNBC's full interview with Onsemi CEO Hassane El-Khoury
  + stars: | 2023-10-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Onsemi CEO Hassane El-KhouryOnsemi CEO Hassane El-Khoury joins 'Squawk on the Street' to discuss the company's Q4 guidance, his broader view on the auto industry, and pressures on the EV market.
Persons: Hassane El, Khoury
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOnsemi CEO: High-interest rates are impacting end demand and slowing auto inventory bleedOnsemi CEO Hassane El-Khoury joins 'Squawk on the Street' to discuss the company's Q4 guidance, his broader view on the auto industry, and pressures on the EV market.
Persons: Hassane El, Khoury
Tesla investor Gary Black attributed the weakness in Tesla shares to chipmaker Onsemi's (ON.O) bleak forecast. "ON sells to automotive players with over 50% share of global EV sales, including 4 of the top 5 China EV makers," he said in a post on social media platform X on Monday. loadingOnsemi CEO Hassane El-Khoury said the company's top European clients were working to clear their inventory and noted that the company sees "increasing risk to automotive demand due to high interest rates." It contracted to 17.9% between July and September from 25.1% a year earlier due the EV maker's rampant price cuts, which also triggered a price war in key markets such as China. Tesla was trading at about 56 times its 12-month forward earnings estimates, compared with 5.6 times for Ford and General Motors' 4.1, according to LSEG data.
Persons: Phil Noble, Elon Musk's, Edward Moya, General Motors, Stellantis, Gary Black, chipmaker, Hassane El, Khoury, Tesla, Chavi Mehta, Akash Sriram, Shinjini Organizations: REUTERS, Tesla, Panasonic Holdings, Panasonic, Tesla's, Oanda, General, United Auto Workers, Ford Motor, Chrysler, UAW, General Motors, China EV, Ford, EV maker's, Thomson Locations: Manchester, Britain, North America, Stellantis's, China, Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOnsemi CEO: Strength in electrification of auto market has given us solid results and outlookHassane El-Khoury, Onsemi president and CEO, joins 'Squawk on the Street' to discuss where the company's upside guidance came from, the Onsemi content difference between internal combustible and electric engines, and more.
Persons: Hassane El, Khoury
Market Movers rounded up the best reactions from investors and analysts addressing ON Semiconductor . Just after the opening bell, the chipmaker's stock hit a record high, going back to its IPO in May, 2000 following second-quarter results that beat expectations. ON Semi reported $1.33 in earnings per share and $2.09 billion in revenue , against analysts' estimates compiled by FactSet of $1.21 and $2.02 billion, respectively. ON's President and CEO, Hassane El-Khoury, joined CNBC Monday morning to discuss the company's report and outlook. The stock closed the trading day up 2.5%.
Persons: Hassane El, Khoury Organizations: CNBC
July 31 (Reuters) - Chipmaker ON Semiconductor Corp (ON.O) on Monday forecast third-quarter revenue above market estimates, on optimism that strong demand from the automotive sector will offset broader weakness in the semiconductor industry. Automotive chipmaker NXP last week forecast a strong third-quarter revenue and profit, exuding confidence over a steady automotive demand. Onsemi, which makes sensors and supplies chips to companies like Volkswagen (VOWG_p.DE), expects revenue between $2.10 billion to $2.20 billion in the third quarter. For the second quarter ended June 30, the company's revenue rose to $2.09 billion, ahead of analysts' expectations of $2.02 billion. The revenue was boosted by Onsemi's power solutions group, which provides power management chips, making up about 53% of total quarterly revenue.
Persons: Onsemi, Hassane El, Khoury, Zaheer Kachwala, Shailesh Organizations: ON Semiconductor Corp, NXP Semiconductors, chipmaker NXP, Volkswagen, Thomson Locations: Arizona, Bengaluru
Onsemi CEO Hassane El-Khoury goes one-on-one with Jim Cramer'Mad Money' host Jim Cramer sits down with Onsemi CEO Hassane El-Khoury to discuss quarterly results, stock performance, and the state of the semiconductor industry.
Watch CNBC's full interview with Onsemi's Hassane El-Khoury
  + stars: | 2023-02-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Onsemi's Hassane El-KhouryHassane El-Khoury, CEO of Onsemi, joins 'TechCheck' to discuss the future of the stock and the company hitting an all-time high Monday morning.
Onsemi's Q3 earnings beat comes with mixed guidance
  + stars: | 2022-10-31 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOnsemi's Q3 earnings beat comes with mixed guidanceHassane El-Khoury, Onsemi CEO, joins 'TechCheck' to discuss the company's Q3 earnings, proactive strategies for managing inventory down, potential recession effects on markets and growth in the EV and industrial space.
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