---
title: "ON Semiconductor Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292114202.md"
description: "ON Semiconductor Corp. (ON) shares rose 2.95% to $93.79 on Wednesday, outperforming the broader market as the S&P 500 and Dow Jones fell. However, ON underperformed key competitors like NVIDIA, Broadcom, and Qualcomm, which all posted higher gains. The stock remains 30.48% below its 52-week high of $134.92 reached in June."
datetime: "2026-07-08T20:53:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292114202.md)
  - [en](https://longbridge.com/en/news/292114202.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292114202.md)
generator: "portal-rs"
---

# ON Semiconductor Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of ON Semiconductor Corp. (ON) advanced 2.95% to $93.79 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.28% to 7,482.71 and Dow Jones Industrial Average falling 1.09% to 52,348.39.

ON Semiconductor Corp. closed 30.48% below its 52-week high of $134.92, which the company achieved on June 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) rose 3.65% to $204.12, Broadcom Inc. (AVGO) rose 4.83% to $388.69, and Qualcomm Inc. (QCOM) rose 1.96% to $186.56.

Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

07-08-26 1653ET

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**