Analog Devices' Quarterly Forecast Tops Estimates
The chipmaker posted $4.02 billion in revenue, up 40% from a year earlier, and said AI-driven demand is supporting its outlook.
7 Articles
7 Articles
Analog Devices' quarterly forecast tops estimates
Analog Devices has forecast fourth-quarter revenue and profit above Wall Street estimates, betting on continued demand for its power-management chips used across data centres and industrial applications as AI investments ramp up.
Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
Aug 19 (Reuters) - 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 r...
Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand
Aug 19 : 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-dri
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