the chip slowdown is getting unhealthy when Analog Gadgets begins to really feel it.
That feeling is ever so slight for the time being. The chip maker’s fiscal third-quarter outcomes Wednesday morning set data, with income leaping 77% yr over yr to high $3 billion for the primary time, and adjusted per-share earnings leaping 47% to a document of $2.52. The outcomes additionally exceeded Wall Avenue’s forecasts, sustaining a powerful monitor document during which ADI has solely barely missed analysts’ quarterly top-line projections twice prior to now 5 years, based on FactSet.
