On Semiconductor Corporation (NASDAQ:ON) ranks among the best cheap semiconductor stocks to buy. On September 23, On Semiconductor Corporation (NASDAQ:ON) announced that it had agreed on a deal to acquire the rights to Vcore power technologies and its related intellectual property licensing from Aura Semiconductor. Onsemi’s power management portfolio is set to be improved by the acquisition, especially for AI data center applications. According to the company, the acquisition will become profitable after ...