ON Semiconductor (ON) CEO On The Need For Automotive Chips

ON Semiconductor (ON) President and CEO Hassane El-Khoury joins Oliver Renick to discuss the company. He discusses the continuing need for automotive chips, as well as ON's latest earnings cycle. He talks about how ON hit an all-time high Tuesday, May 30th. The then goes over some of ON's analyst day highlights. ON has a new strategic collaboration with Kempower for DC fast charging solutions. Singeng Electric is to integrate elitesic high-density power integrated modules in inverters and storage system, and the shipment of one billionth inductive sensor interface I.C. to HELLA. He notes how an economic slowdown will impact semiconductor companies. Tune in to find out more about the stock market today.