Analog Devices

ADI

Market cap $117B

In the most recent trading session, Analog Devices (ADI) closed at $238.15, indicating a +1.17% shift from the previous trading day.

ADI Power Studio brings ADI tools together into a holistic family of products to streamline power management design and optimization. The ADI Power Studio TM  Planner tool enhances system-level power tree planning.

"Autonomous vehicles have arrived for both rideshare and trucking," Goldman Sachs Research analyst Mark Delaney wrote this summer. "We believe the key focus for investors is now on the pace at which AVs [autonomous vehicles] will grow and how big the market will become, rather than if the technology works.

JPMorgan is expecting a solid Q3 reporting season for semiconductor companies, driven by AI demand and ongoing cyclical recovery. The American investment bank, in a note, said it anticipates results to be in line or slightly ahead of expectations, with positive momentum likely to continue into year-end.

Here, we have picked three AI stocks, ADI, MU and MSFT, which are well-poised to benefit from AI's growing use and ability to solve complex problems.

Momentum remains hot this October with five standout picks - ADI, WDC, CCL, DOCU and WDAY - each showing strong growth and rising estimates.

Analog Devices (ADI) closed at $233.75 in the latest trading session, marking a -3.61% move from the prior day.

Soaring semiconductor sales driven by AI are boosting the prospects for AEIS, ADI and RFIL, making them standout picks for growth-focused investors.

US semiconductor stocks have “plenty of room to go” from a margin, revenue, inventory and demand perspective, Citi analysts wrote in a note to clients on Friday.     They said while valuation appears to be extreme, it can be explained by artificial intelligence (AI), which is resulting in accelerating growth via higher pricing in semiconductors for the first time in 25 years.

ADI sees strong momentum in industrial and automotive growth, aiming to push margins past 70% in the coming quarters.