ON Semiconductor Forecasts 100% AI Data Center Revenue Growth in 2026
ON•ON Semiconductor forecasts AI data center revenues will double in 2026 as advanced power solutions gain widespread adoption. The company expects significant sales growth driven by rising demand in electric vehicles, energy storage systems and industrial applications.
1. AI Data Center Revenue Outlook
ON Semiconductor projects its AI data center segment to grow revenues by 100% in 2026, reflecting accelerated deployment of high-efficiency power management ICs in hyperscale computing environments. This forecast builds on recent design wins with major data center operators integrating the company’s silicon carbide and gallium nitride solutions.
2. Rising Demand in EVs and Energy Storage
Advanced power modules are being adopted across electric vehicle architectures and grid-scale energy storage projects, where ON’s products deliver higher efficiency and thermal performance. Management highlights several automotive OEM engagements expected to enter production in late 2025, underpinning the revenue uplift.
3. Industrial Applications and Outlook
Beyond mobility and storage, ON sees growing uptake in factory automation, robotics and renewable energy inverters, where robust power handling is critical. The company anticipates overall annual revenue growth of 15–20% driven by these end markets and plans further R&D investment to expand its next-generation power solutions line-up.
