Still down 26% over the last year, is ON Semi stock on the verge of a cyclical shift?ON Semiconductor (ON 11.54%) stock price jumped Monday thanks to better-than-expected second-quarter results. The chip company's share price closed out the trading session up 11.5%, according to data from S&P Global Market Intelligence.ON Semi reported Q2 results before the market opened Monday, posting results that beat Wall Street's expectations. The company reported non-GAAP (adjusted) EPS of $0.96 on sales of$1.74 bill ...