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Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand
Reuters36d agobullish
Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand

Analog Devices forecast fourth-quarter revenue and profit above Wall Street estimates on ‌Wednesday, betting on continued demand for its power-management ‌chips used across data centers and industrial applications as AI ​investments ramp up. The company stands to benefit from surging investment in AI-driven computing, which has boosted demand for chips that regulate power and move vast amounts of ‌data. Its components ⁠are widely used in data centers, factory automation equipment and modern vehicles.

Investing.com36d agobullish
Analog Devices climbs as fiscal Q3 results, Q4 outlook beat forecasts

Investing.com -- Analog Devices shares climbed more than 1% in Wednesday premarket trading after the chipmaker reported fiscal third-quarter results and issued fourth-quarter guidance that topped Wall Street estimates, driven by strength in its data center and industrial businesses.

Analog Devices (NASDAQ:ADI) Q2 Sales Beat Estimates, Inventory Levels Improve
StockStory36d agobullish
Analog Devices (NASDAQ:ADI) Q2 Sales Beat Estimates, Inventory Levels Improve

Manufacturer of analog chips Analog Devices (NASDAQ:ADI) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 39.6% year on year to $4.02 billion. On top of that, next quarter’s revenue guidance ($4.3 billion at the midpoint) was surprisingly good and 5.4% above what analysts were expecting. Its non-GAAP profit of $3.45 per share was 3.3% above analysts’ consensus estimates.