Nvidiavs.ON Semiconductor
NVDA 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.
Nvidia is about 166× larger than ON Semiconductor by market cap; Nvidia trades at the lower P/E (34.0 vs 51.8); year to date, ON Semiconductor leads (+32.8% vs +11.8%).
Side by side
| NVDA | ON | |
|---|---|---|
| Market cap | $5.4T | $32.6B |
| Price | $213.05 | $72.51 |
| Today | +2.2% | +0.8% |
| Return YTD | +11.8% | +32.8% |
| Return 1Y | +17.1% | +38.7% |
| P/E | 34.0 | 51.8 |
| P/S | 21.4 | 5.3 |
| P/B | 27.7 | 4.5 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
NvidiaNVDA
Nvidia sells the accelerators most large AI models are trained on, from H100 through B200 to Rubin. Harder to replace is CUDA, the software layer developers have standardised on. NVLink and the Mellanox networking business tie whole racks together.
Full NVDA profile →ON SemiconductorON
Electric cars and factory automation are the end markets for its silicon carbide power semiconductors and image sensors.
Full ON profile →More NVDA & ON comparisons
Other head-to-heads in the Chips & accelerators segment.