Key Points ON Semiconductor appears undervalued given its growth prospects and strong free cash flow. AI/data center exposure should be a significant new growth driver for the company. Despite some headwinds, long-term trends in auto and industrial markets remain positive. 10 stocks we like better than ON Semiconductor › It's not often that a technology stock flashes up as a value stock, but that's the compelling opportunity that ON Semiconductor (NASDAQ: ON) offers investors right now. The compa ...