On August 3 (local time), Onsemi announced its Q2 2026 results: revenue reached $1.604 billion, up 9% year-over-year; GAAP gross margin was 38.4%, with non-GAAP gross margin at 39.3%; GAAP operating margin was 16.1%, while non-GAAP operating margin reached 20.8%; GAAP diluted earnings per share were $0.56, and non-GAAP diluted earnings per share were $0.74. Hassane El Khoury, President and CEO of Onsemi, stated that AI data centers remain the company's fastest-growing business area, with revenue expected to more than double in 2026.