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ON Semiconductor Corporation (NASDAQ:ON) is one of the best US stocks to buy and hold for the next 5 years. On June 9, ON Semiconductor launched its GaNEXUS gallium nitride power portfolio, which is now sampling to provide enhanced efficiency, thermal performance, and power density. This new lineup includes FETs ranging from 40V to 650V, along with 650V Smart GaN FETs that feature integrated protection for improved system reliability and easier integration.

These solutions are specifically designed to address the growing power demands of AI data centers, robotics, industrial automation, and energy infrastructure. By enabling faster switching speeds and lower losses compared to traditional silicon, GaNEXUS allows designers to reduce the size of cooling systems and magnetics while increasing overall power density.

When combined with ON Semiconductor Corporation’s (NASDAQ:ON) Treo Platform for sensing and control, the GaNEXUS technology offers a robust, system-level approach to power management. This flexibility allows engineers to optimize performance and thermal behavior across the entire power-delivery chain, helping to lower total system costs and energy consumption in demanding high-power applications.

ON Semiconductor Corporation (NASDAQ:ON), founded in 1999 and headquartered in Scottsdale, Arizona, delivers intelligent power and sensing solutions, serving automotive and industrial markets.

While we acknowledge the potential of ON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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