Hottest Chip Maker Sees Cooling Ahead


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.


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