Under the wave of AI, the demand for power management semiconductors has surged. Analog Devices (ADI.US) Q3 performance guidance exceeds expectations.

According to the Zhuangcai Financial APP, it was learned that Analog Devices (ADI.US), a simulation chip giant, has released higher-than-expected revenue forecasts for the third quarter on Wednesday, showing that the demand for its power management semiconductors and sensor components is continuously increasing driven by the artificial intelligence boom. The financial report shows that the company's revenue for the second quarter was $3.62 billion, a year-on-year increase of 37.1%, exceeding analysts' expectations of $3.51 billion; adjusted earnings per share were $3.09, better than analysts' expected $2.90.