ON ▼ -4.5% - ON Semiconductor Corporation $ON - onsemi Introduces the Embedded Power Platform, a Breakthrough Architecture for the AI Era ON Semiconductor fell 4.5% today despite unveiling its Embedded Power Platform, a new architecture designed for AI applications. The decline suggests investors may have been disappointed by the announcement's lack of concrete revenue guidance or commercial deployment timelines, or that the market's enthusiasm for AI infrastructure announcements has cooled relative to the stock's recent valuation. 16-SEP-2026 02:30 PM ET