ON Semiconductor expects 12% to 14% revenue CAGR through 2030

What happened

At its Investor/Analyst Day on September 16, 2026, the company raised its long-term revenue growth target to a 12%-14% compound annual rate through 2030. The post ON Semiconductor expects 12% to 14% revenue CAGR through 2030 appeared first on Crypto Briefing .

11, 2026 ON Semiconductor just told Wall Street it plans to grow faster than it previously promised. The new numbers Under the revised model, onsemi (NASDAQ: ON) is aiming for approximately $11 billion in total revenue by 2030.

The headline act is the company’s AI data center (a building full of computers that runs online services) business. Onsemi projects that segment’s revenue will exceed $500 million in 2026 and surpass $2.5 billion by 2030.

Advertisement That works out to a CAGR of over 50%. The company says that pace would substantially outrun growth in the broader AI data center market.

AI, tech, and the markets they move—in one daily briefing. Join 34,000+ readers across crypto, finance, and policy. Not just an AI story Onsemi expects its automotive segment to grow at approximately 9% annually and industrial at approximately 10%.