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Onsemi rises after Q3 revenue forecast tops estimates on stabilizing demand

Corrects to remove reference to quarterly results

** Shares of automotive semiconductor maker Onsemi ON.O rise 8.4% to $51.05

** Company reported quarterly results on August 4, Monday; its shares have fallen about 17% since then, as of last close

** ON down ~19.6% YTD

 (Reporting by Arsheeya Bajwa in Bengaluru)

 ((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))

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