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As of Mar 24, 9:31 PM ET ·
ADI News13 articles
Analog Devices Gains Amid Inflation Jitters, Eyes CFO Remarks and Dividend
Analog Devices shares advanced Friday, outperforming some peers despite tech pressure from hot inflation data. The company's CFO is scheduled to speak March 3, which is also the record date for its newly raised quarterly dividend.
Markets
Applied Materials Surges on AI Chip Demand Forecast; Tech Sector Wavers
Applied Materials shares rallied sharply Friday following an optimistic forecast tied to artificial intelligence infrastructure spending, even as the broader technology sector faced weekly losses amid market volatility.
Technology
Applied Materials Forecast Lifts Chip Equipment Sector Amid Mixed AI Trade
Applied Materials jumped 8% Friday after issuing a quarterly outlook above analyst estimates, citing accelerating AI investments. The iShares Semiconductor ETF rose 0.9% while Nvidia and Broadcom slipped.
Earnings
Analog Devices Nears 52-Week Peak on Barclays Upgrade Ahead of Earnings
Analog Devices shares climbed 1.73% to $337.10 on Friday, approaching a 52-week high, following an upgrade by Barclays. The firm anticipates quarterly results on February 18.
Earnings
Analog Devices Gains on Barclays Upgrade Ahead of Earnings
Analog Devices shares advanced following an upgrade to Overweight by Barclays, which raised its price target to $375. The chipmaker reports quarterly results next week.
Earnings
Analog Devices Dips After Barclays Upgrade, Eyes Earnings and CPI
Analog Devices shares declined 1.7% to $331.38, pulling back from a recent peak. The drop occurred even as Barclays upgraded the stock, citing potential industrial recovery.
Technology
Texas Instruments Retreats as Chip Stocks Slide Ahead of Inflation Data
Texas Instruments shares declined 1.4% to $223.34, reversing earlier gains as semiconductor stocks weakened ahead of key inflation data. The company's planned $7.5 billion acquisition of Silicon Labs remains in focus.
Technology
Microchip Technology Shares Slide on $600M Convertible Debt Offering
Microchip Technology shares fell after announcing a $600 million convertible senior notes offering, with proceeds earmarked for hedging and debt repayment. Investors are watching pricing terms and potential dilution.
Markets
Monolithic Power Stock Retreats After Earnings Beat, Dividend Boost
Monolithic Power Systems shares declined nearly 2% Monday, giving back some gains following last week's strong quarterly results and increased dividend. The company also announced CFO Bernie Blegen will retire after the 2025 annual report.
Earnings
Analog Devices Gains as UBS Lifts Target to $400 Ahead of Key Earnings
Analog Devices (ADI) shares advanced after UBS raised its price target to $400, citing strong data center and aerospace demand. Investor focus now shifts to the company's fiscal Q1 report due February 18.
Technology
Monolithic Power Soars to Record High on Strong Guidance and Dividend Boost
Monolithic Power Systems stock surged 6.4% to a new 52-week peak after forecasting Q1 revenue up to $790M and raising its quarterly dividend to $2.00.
Earnings
NXP Secures $3B Credit Facility as Chip Sector Rallies on AI Spending
NXP Semiconductors amended a $3 billion revolving credit line with Barclays, maturing in 2031, while the broader chip sector surged on AI investment signals from major tech firms.
Technology
ADI Director's Stock Sale Precedes Key Earnings, Economic Data
Analog Devices director Ray Stata sold 6,250 shares ahead of the company's fiscal Q1 report and upcoming U.S. payrolls and CPI data. ADI shares closed slightly lower Friday.
Earnings