onsemi Targets $11B Revenue by 2030 via AI and Robotics

Recap

Source: 디일렉, report of Sept. 30, 2026

According to the report, onsemi presented its medium-term growth strategy at the 'Investor Day 2026' event in New York on September 16. The company aims to expand its business beyond automotive into AI data centers and physical AI, targeting a revenue of $10.2 billion to $11 billion by 2030. This represents a compound annual growth rate of 12% to 14% from its current expected revenue of $6.5 billion.

The company also set an operating margin target of 38% for 2030, up from an expected 21.9% this year. onsemi forecasts that its AI data center revenue will grow from over $500 million this year to more than $2.5 billion by 2030. It anticipates that server rack power consumption will increase from 100-120kW to megawatt levels, driving the value of its power semiconductors per rack from approximately $15,000 to over $115,000.

In the automotive sector, onsemi expects 9% annual growth through 2030, with the value of its chips per vehicle potentially reaching $2,000. The company plans to expand its sensor lineup to include indirect time-of-flight (iToF) and short-wave infrared (SWIR) sensors. For the industrial sector, targeting 10% annual growth, onsemi sees a $6 billion opportunity in physical AI by 2030, estimating that a single humanoid robot will contain about $900 worth of its semiconductors. The company also agreed to acquire Synaptics for approximately $7 billion in June, with the deal expected to close in mid-2027.

Context

onsemi is a major player in power semiconductors, particularly known for its silicon carbide (SiC) and gallium nitride (GaN) technologies. The shift towards AI data centers and robotics represents a strategic pivot to diversify revenue streams beyond the traditional automotive market. The acquisition of Synaptics, a leader in touch controllers and edge AI, signals onsemi's intent to strengthen its position in the physical AI space, which includes robots and drones.

The company's focus on advanced packaging technologies, such as its Embedded Power Platform (EPP), aims to improve power density and efficiency, which are critical for high-performance AI servers and electric vehicles. This move aligns with the broader industry trend of integrating more complex sensing and power management solutions into autonomous systems.

Robot's take

onsemi's strategy highlights the growing importance of power management and sensing in the rise of physical AI. The company's projection of a $6 billion opportunity in this sector suggests a significant expansion of its market. However, the success of this strategy will depend on its ability to compete with other semiconductor giants in the AI data center space and to effectively integrate Synaptics' technologies. The high growth targets also pose a challenge, as the company must navigate potential market fluctuations and technological shifts.