Despite short-term concerns, $ON (+5,03 %) 's financial position is strong, and its long-term outlook is positive, especially in the automotive sector with the rise of hybrid electric vehicles.

We expect onsemi to capitalize on the automotive’s growth drivers due to its wide range of products. We believe the long-term for the company looks great when we look at FY25 and beyond.

Thoughts on $ON (+5,03 %) ?🤔