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Analog Devices Inc. - ADI STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Analog Devices's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Analog Devices's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
partnership
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
earnings
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
dividends
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
conferences earnings
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
management
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
AI
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
none
Analog Devices Inc.

Nasdaq:ADI

ADI Rankings

ADI Stock Data

93.76B
493.57M
0.22%
91.93%
1.38%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Norwood

About ADI

Analog Devices, Inc., also known simply as Analog, is an American multinational semiconductor company specializing in data conversion, signal processing, and power management technology, headquartered in Wilmington, Massachusetts.