Arm Holdingsvs.ON Semiconductor
ARM vs ON · both in Chips & accelerators, part of the AI & digital infrastructure value chain: Designs and builds the processors, accelerators and memory that train and run AI.
Arm Holdings is about 9.3× larger than ON Semiconductor by market cap; ON Semiconductor trades at the lower P/E (65.6 vs 385.9); year to date, Arm Holdings leads (+195.8% vs +77.2%).
Side by side
| ARM | ON | |
|---|---|---|
| Market cap | $349B | $37.6B |
| Price | $323.39 | $95.96 |
| Today | −1.4% | −2.0% |
| Return YTD | +195.8% | +77.2% |
| Return 1Y | +117.7% | +61.2% |
| P/E | 385.9 | 65.6 |
| P/S | 70.9 | 6.2 |
| P/B | 42.1 | 5.2 |
Data as of 2026-07-11 · updates daily after U.S. close
The two companies
Arm HoldingsARM
Designs the chip architectures and instruction sets licensed into nearly every mobile and server chip — earning royalties per chip produced.
Full ARM profile →ON SemiconductorON
Power and sensor semiconductors for EVs, renewable energy and industrial automation.
Full ON profile →More comparisons in Chips & accelerators
See where ARM and ON sit in the full AI & digital infrastructure map — every segment from suppliers to end markets.Open the AI value chain →