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ON Semiconductor Stock Price Plummeted 20% in 1 Day, Dragging Other Semiconductor Stocks With It

By Jose Najarro – Oct 31, 2023 at 9:51AM

ON Semiconductor saw a pocket of weakness in the EV market, triggering a stock sell-off.

In today's video, I discuss recent news affecting ON Semiconductor (ON +10.99%), Axcelis Technologies (ACLS +7.01%), and Aehr Test Systems (AEHR +10.24%). Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the pre-market prices of Oct. 31, 2023. The video was published on Oct. 31, 2023.

About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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Jose Najarro has no position in any of the stocks mentioned. The Motley Fool recommends ON Semiconductor. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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