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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

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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Analog Devices Appoints Peter Henry to its Board of Directors

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Analog Devices, Inc. (Nasdaq: ADI) appoints Dr. Peter B. Henry, a renowned international economist, as an independent director and member of the Board’s Audit Committee, expanding the Board to 13 members. Dr. Henry's significant expertise and global perspective will contribute to solving customers’ toughest challenges and enable breakthroughs at the Intelligent Edge. He is also known for leading the Ph.D. Excellence Initiative (PhDEI), mentoring exceptional students from underrepresented backgrounds interested in pursuing doctoral studies in economics. Dr. Henry is a member of the Boards of Directors of Citigroup and NIKE, Inc., and serves as Chair of the Board of the National Bureau of Economic Research. His academic background includes leadership roles at New York University and Stanford University, funded by a National Science Foundation CAREER Award. Dr. Henry holds a bachelor’s degree in economics from the University of North Carolina at Chapel Hill, a bachelor’s degree in mathematics from Oxford University, and a Ph.D. in economics from the Massachusetts Institute of Technology.
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Analog Devices to Participate in the UBS Global Technology Conference

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Analog Devices, Inc. (ADI) CEO Vincent Roche will discuss business topics and trends at the UBS Global Technology Conference on November 28, 2023. The webcast can be accessed via the Investor Relations section of Analog Devices’ website.
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Analog Devices Reports Fiscal Fourth Quarter and Record Fiscal 2023 Financial Results

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Analog Devices, Inc. (ADI) reported fourth quarter revenue of $2.7 billion with continued double-digit year-over-year growth in Automotive. Fiscal 2023 revenue reached $12.3 billion driven by new records in Industrial & Automotive. The company returned more than $4.6 billion to shareholders in fiscal 2023, including $3.0 billion of share repurchases and $1.7 billion of dividends. Despite a difficult macroeconomic environment, ADI delivered revenue and profitability above the midpoint of their outlook for the fourth quarter.
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Analog Devices, Inc. to Report Fourth Quarter Fiscal Year 2023 Financial Results on Tuesday, November 21, 2023

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Analog Devices, Inc. will release its financial results for Q4 FY2023 on November 21, 2023. CEO Vincent Roche and VP of Investor Relations Michael Lucarelli will discuss the results and business outlook in a conference call.
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Analog Devices to Participate in J.P. Morgan 14th Annual U.S. All Stars Conference

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Analog Devices CEO to discuss business topics at J.P. Morgan conference
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Analog Devices to Participate in the Evercore ISI 2023 Semiconductor & Semiconductor Equipment Conference

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Analog Devices' EVP, Finance & CFO to speak at Evercore ISI Conference on Sep 7, 2023.
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Analog Devices to Participate in Citi’s 2023 Global Technology Conference

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Analog Devices, Inc. CFO to discuss business topics and trends at Citi's 2023 Global Technology Conference.
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Analog Devices Reports Third Quarter Fiscal 2023 Financial Results

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Analog Devices reports Q3 revenue of $3.08 billion, a 1% decrease YoY. Operating income increases by 4% to $929 million. Diluted EPS rises by 21% to $1.74. The company returned $1.1 billion to shareholders through share repurchases and dividends. Q4 revenue forecasted at $2.70 billion. Quarterly cash dividend declared at $0.86 per share.
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FAQ

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

The current stock price of Analog Devices (ADI) is $211.78 as of December 20, 2024.

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

The market cap of Analog Devices (ADI) is approximately 103.1B.

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

#117 Ranked by Market Cap
#1505 Ranked by Dividends

ADI Stock Data

103.12B
495.06M
0.25%
92.02%
1.5%
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WILMINGTON