Analog Devices CEO Highlights Strong AI Infrastructure Demand

Analog Devices (ADI) reported a record Q2 revenue of $3.62 billion, driven by strong demand for its optical and power components in the data center sector. The company is seeing significant growth from hyperscalers investing heavily in AI infrastructure, with over 75% of Communications revenue now coming from this segment.

By Thomas Richmond Fri, May 22, 2026 at 7:33 PM GMT+3 4 min read · Yahoo Finance · May 22, 2026, 16:33 UTC

Analog Devices CEO Highlights Strong AI Infrastructure Demand

Tickers: $ADI

Topics: AI infrastructure CEO commentary data center demand M&A activity

Read the full article at Yahoo Finance

More World news

Vecima Networks Reports Q1 Revenue Growth of 37.4% with Non-GAAP EPS of $0.29 Seeking Alpha · November 12, 2026, 14:04 UTC
Elysee Development Announces Quarterly Dividend of CAD 0.01 Per Share Seeking Alpha · November 12, 2026, 14:05 UTC
Skyline Builders Group Holding Signs Term Sheet to Acquire Majority Stake in SuperCritical Materials Seeking Alpha · November 12, 2026, 14:05 UTC
Nvidia Shares Fall Following Resignation of CEO Jensen Huang Seeking Alpha · November 12, 2026, 14:05 UTC
AeroVironment Secures $405 Million Order for Locust X3 Laser Defense Systems Seeking Alpha · November 12, 2026, 14:06 UTC
Tidewater Renewables Reports Q3 2026 Revenue Growth and Raises Full-Year EBITDA Guidance Seeking Alpha · November 12, 2026, 14:07 UTC
Ambetter from Meridian Reintroduces Marketplace Plans in Metro Detroit for 2027 PR Newswire · November 12, 2026, 14:07 UTC
Disney and Cosm Announce Multiyear Partnership to Bring Star Wars to Immersive Domes CNBC · November 12, 2026, 14:00 UTC
Mercury Insurance Issues Safety Guidelines for Portable Generator Use During Power Outages PR Newswire · November 12, 2026, 14:06 UTC
Paratus Appoints New Senior Leadership to Drive Expansion into Asset-Backed Optimisation PR Newswire · November 12, 2026, 14:03 UTC