Key Takeaways Texas Instruments shares tumbled Friday, leading other analog chipmaker stocks lower. The losses came after the company’s disappointing profit forecast raised worries about broader industry headwinds.

Nvidia stock rose early Friday as investors digested a raft of mixed news over the past few days. Shares were up 0.2% to $147.54 in early trading. It closed almost flat Thursday after starting the day in the red as a fresh outlook from supplier SK Hynix cast doubt over future demand for its products.

We recently compiled a list of the 10 Undervalued Chip Stocks Near 52-Week Lows. In this article, we are going to take a look at where ON Semiconductor Corporation (NASDAQ:ON) stands against the other undervalued chip stocks.