Analog Devices' quarterly forecast tops estimates
Analog Devices issued an upbeat fourth-quarter outlook that exceeded Wall Street projections. The company cited sustained demand for power-management chips.
Topic cluster
steady
3 sources grouped by AFBytes in Tech
AFBytes briefing
Stronger chip demand supports manufacturing jobs and can moderate costs for electronics used by consumers and businesses.
What to watch next
- Track the next quarterly earnings release for confirmation that power-management demand remains intact.
- Track the next major memory chip demand forecast from industry analysts for confirmation of the trend.
- Track the next quarterly guidance release for signs of sustained or softening demand in the memory market.
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