ON Semiconductor to be added to Nasdaq-100 Index
ON Semiconductor (NASDAQ:ON) will be added to the Nasdaq-100 Index prior to market open on Tuesday, June 20, 2023.
The inclusion comes after two consecutive years of record results, tripling the companyâs market cap over the last 30 months.
The company closed out 2022 with $8.3B in revenue and with earnings growing 3x faster than revenue.

âOur addition to the prestigious Nasdaq-100 Index is a testament to the successful execution of our strategy over the last two years, during which our employees around the world have unlocked tremendous value for onsemi shareholders through their unwavering dedication and innovation,â said Hassane El-Khoury, President and CEO, onsemi.