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Analog Devices, Inc. - ADI STOCK NEWS

Welcome to our dedicated page for Analog Devices news (Ticker: ADI), a resource for investors and traders seeking the latest updates and insights on Analog Devices stock.

Analog Devices, Inc. (NASDAQ: ADI) is a leading global semiconductor company based in Wilmington, Massachusetts, specializing in data conversion, signal processing, and power management technology. ADI serves tens of thousands of customers worldwide, with a significant portion of its revenue stemming from industrial and automotive markets. Known for its innovative converter chips that translate analog signals to digital and vice versa, ADI's technology is pivotal in various applications, including wireless infrastructure equipment, digitized factories, and digital healthcare.

In fiscal 2023, Analog Devices achieved revenue milestones, recording $12.3 billion, driven by robust performances in its Industrial and Automotive segments. The company generated an operating cash flow of $4.8 billion and a free cash flow of $3.6 billion, enabling it to return more than $4.6 billion to shareholders through share repurchases and dividends.

Despite macroeconomic challenges, ADI continues to thrive, emphasizing innovation and customer engagement. The company recently announced significant technological advancements such as the Sensinel™ Cardiopulmonary Management (CPM) System, a wearable device with FDA 510(k) clearance, and partnerships with giants like Honeywell and BMW for enhanced connectivity solutions. Furthermore, ADI's hybrid manufacturing network, bolstered by strategic collaborations with TSMC and JASM, ensures resilient and scalable production capabilities.

With a product portfolio designed to leverage secular trends and a commitment to strategic investments, ADI remains confident in its ability to drive shareholder value. The company's forward-looking approach and consistent execution excellence position it as a steadfast leader in the semiconductor industry.

News

ADI and the BMW Group Join Forces to Provide Industry-Leading 10MB Ethernet for Automotive, Enabling Software-Defined Vehicles

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Analog Devices, Inc. and BMW Group announced the early adoption of ADI's E²B™ technology in automotive Ethernet connectivity. BMW will implement the technology for ambient lighting systems, simplifying edge node design and software development. The collaboration aims to accelerate market entry for software-defined vehicles and improve in-cabin experience through innovative lighting solutions.
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ADI Announces U.S. FDA 510(k) Clearance and the Commercial Launch of Sensinel by Analog Devices™ Cardiopulmonary Management (CPM) System

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Analog Devices, Inc. announces FDA clearance and launch of Sensinel™ Cardiopulmonary Management System, a compact wearable device for remote patient monitoring. The system aims to improve heart failure management, reduce healthcare costs, and open new market opportunities.
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Analog Devices Strengthens Capacity and Resiliency Through Expanded Partnership with TSMC

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ADI secures long-term chip supply through special arrangement with TSMC's JASM subsidiary, focusing on fine-pitch technology nodes for critical platforms like wBMS and GMSL applications.
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Analog Devices Reports Fiscal First Quarter 2024 Financial Results

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Analog Devices, Inc. (ADI) reported revenue of over $2.5 billion for the first quarter of fiscal 2024, with strong cash flow and returns to shareholders. Despite challenges, the company remains optimistic about future growth opportunities in the Intelligent Edge era.
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Analog Devices Raises Quarterly Dividend By 7%

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Analog Devices, Inc. (ADI) announces a 7% increase in its quarterly dividend, from $0.86 to $0.92 per share, marking the 20th consecutive year of dividend growth. This move reflects ADI's strong financial performance, with 27 years of positive free cash flow generation. The company's capital return strategy aims to return 100% of free cash flow to shareholders, totaling over $15 billion in the last 5 years. ADI has a solid track record of dividend payments, having returned more than $11 billion to shareholders over 80 consecutive quarters.
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Analog Devices, Inc. to Report First Quarter Fiscal Year 2024 Financial Results on Wednesday, February 21, 2024

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Analog Devices, Inc. (ADI) will release financial results for the first quarter fiscal year 2024 on February 21, 2024. The company will host a conference call at 10:00 a.m. Eastern time the same day, where CEO Vincent Roche and VP Michael Lucarelli will discuss ADI’s results and business outlook. The conference call can be listened to live on the internet on Analog Devices’ Investor Relations website at investor.analog.com.
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Analog Devices Appoints Richard C. Puccio, Jr. as Executive Vice President and Chief Financial Officer

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Analog Devices, Inc. (ADI) announced Richard C. Puccio, Jr. as the new Executive Vice President and Chief Financial Officer. Puccio brings over three decades of experience from Amazon Web Services and PricewaterhouseCoopers. ADI's CEO, Vincent Roche, expressed confidence in Puccio's ability to accelerate the company's operations and drive shareholder value.
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HONEYWELL TRANSFORMS BUILDING MANAGEMENT WITH FIRST-OF-ITS-KIND TECHNOLOGY

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Honeywell (NASDAQ: HON) launched Advance Control for Buildings, a platform with advanced cybersecurity, faster network speeds, and innovative technology to address building managers' concerns. The platform aims to automate building management and enhance energy efficiency, aligning with Honeywell's plans to realign its business with automation and energy transition megatrends. The company also announced strategic alliances with NXP Semiconductors N.V. (NASDAQ: NXPI) and Analog Devices, Inc. (NASDAQ: ADI) to streamline the transition to intelligent edge processing.
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Analog Devices Deploys SambaNova Suite to Facilitate Breakthrough Generative AI Capabilities at Enterprise Scale

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Analog Devices, Inc. (Nasdaq: ADI) is deploying SambaNova Suite, a generative AI platform, to spearhead its global AI transformation. This partnership aims to make AI pervasive enterprise-wide, with ADI leveraging the technology to accelerate field sales and customer enablement across its business. SambaNova Suite is the first full-stack, generative AI platform for the enterprise, offering state-of-the-art open-source models and a fully integrated platform for on-premises or cloud deployment.
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Honeywell and Analog Devices Team Up to Drive Transformative Innovation, Beginning with Building Automation

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Honeywell (HON) and Analog Devices, Inc. (ADI) have entered into a Memorandum of Understanding to explore the digitization of commercial buildings by upgrading to digital connectivity technologies without replacing existing wiring. This strategic alliance aims to reduce cost, waste, and downtime, bringing new technology to building management systems for the first time. The collaboration will allow building owners to upgrade and enhance their wiring without a significant upfront investment, and with less labor and environmental impact. Honeywell plans to adopt ADI's single-pair Ethernet (T1L) and software configurable input/output (SWIO) solutions in its building management systems.
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FAQ

What is the current stock price of Analog Devices (ADI)?

The current stock price of Analog Devices (ADI) is $211.01 as of November 20, 2024.

What is the market cap of Analog Devices (ADI)?

The market cap of Analog Devices (ADI) is approximately 103.5B.

What does Analog Devices, Inc. specialize in?

Analog Devices, Inc. specializes in data conversion, signal processing, and power management technology.

Where is Analog Devices, Inc. headquartered?

Analog Devices, Inc. is headquartered in Wilmington, Massachusetts.

What were Analog Devices' recent financial highlights?

In fiscal 2023, Analog Devices recorded revenue of $12.3 billion, an operating cash flow of $4.8 billion, and a free cash flow of $3.6 billion.

What are some of the key markets for Analog Devices?

Key markets for Analog Devices include industrial, automotive, and wireless infrastructure equipment.

Can you tell me about ADI’s Sensinel CPM System?

The Sensinel CPM System is a compact wearable device for remote management of cardiopulmonary health, recently receiving FDA 510(k) clearance.

What strategic partnerships has ADI recently announced?

ADI has announced partnerships with Honeywell and BMW for advanced connectivity technologies and building management systems.

How does ADI ensure resilient manufacturing capabilities?

ADI ensures resilient manufacturing through its hybrid manufacturing network and strategic collaborations with TSMC and JASM.

What is ADI’s approach to shareholder value?

ADI focuses on returning value to shareholders through share repurchases and dividends, supported by robust free cash flow generation.

How does ADI support sustainability and innovation?

ADI is dedicated to driving advancements in digitized factories, mobility, digital healthcare, and combating climate change through its innovative solutions.

What are ADI's future growth prospects?

ADI is well-positioned to capitalize on growth opportunities in the Intelligent Edge era, with investments in AI and customer-centric innovations.

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Analog Devices, Inc.

Nasdaq:ADI

ADI Rankings

#123 Ranked by Market Cap
#1483 Ranked by Dividends

ADI Stock Data

103.51B
495.26M
0.25%
91.45%
1.5%
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WILMINGTON