ON Semiconductor reports higher profit and revenue, topping analyst expectations as demand from AI data centers continues to rise. Across coverage, the company’s latest results show it outperforms on both the bottom line and sales, with its AI-related business cited as a key driver. One outlet also highlights that the company is raising its outlook for this segment, forecasting that its AI data center business will more than double in 2026. Other reporting emphasizes the same core theme: stronger-than-expected earnings alongside continued growth tied to AI infrastructure buildouts. While the specific magnitude of the beat and financial figures are not detailed in the supplied excerpts, all sources align on the direction of results—profit and revenue increase—and on the reason cited by the company and markets—expanding AI data center demand. The combined reporting suggests investors react positively to the earnings release and the forward expectations for the AI data center portion of the company’s business.