ON Semiconductorvs.Qualcomm
ON vs QCOM · 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.
Qualcomm is about 5.3× larger than ON Semiconductor by market cap; Qualcomm trades at the lower P/E (18.7 vs 51.8); year to date, ON Semiconductor leads (+32.8% vs −7.3%).
Side by side
| ON | QCOM | |
|---|---|---|
| Market cap | $32.6B | $173B |
| Price | $72.51 | $160.56 |
| Today | +0.8% | +1.3% |
| Return YTD | +32.8% | −7.3% |
| Return 1Y | +38.7% | +0.3% |
| P/E | 51.8 | 18.7 |
| P/S | 5.3 | 3.9 |
| P/B | 4.5 | 6.3 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
ON SemiconductorON
Electric cars and factory automation are the end markets for its silicon carbide power semiconductors and image sensors.
Full ON profile →QualcommQCOM
Snapdragon made Qualcomm the reference point in mobile silicon. Its NPUs run models on the handset or PC itself, and the same platforms now go into cars.
Full QCOM profile →More ON & QCOM comparisons
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