Onsemi forecasts AI data center chip demand to more than double by 2026

Onsemi anticipates Q3 revenue exceeding Wall Street expectations on surging demand for power management chips in AI data centers, with AI data center revenue expected to more than double by 2026. Product builders relying on inference or model serving should lock in GPU/NPU supplier relationships now—capacity constraints remain acute through 2026–27.

Source: ET Tech ↗