🟢 ON Semiconductor Corporation is trading 5.3% up today amid a broader rebound in technology and semiconductor stocks

ON Semiconductor Corporation is trading at $115.99 (+5.28%) in pre-market as technology and semiconductor stocks stage a broader recovery.

• The upward move appears tied to sector-wide strength rather than company-specific news, with similar pre-market gains seen in peers like Intel, Lam Research, and Applied Materials.
• Broader U.S. equity futures are trending higher, signaling increased risk appetite across the market ahead of the 8:30 AM PPI inflation data release.