Analog Devices (NasdaqGS:ADI) Completes US$12 Billion Buyback and Declares US$0.99 Dividend

By Yahoo! Finance   |   1 month ago
Analog Devices (NasdaqGS:ADI) Completes US$12 Billion Buyback and Declares US$0.99 Dividend

Analog Devices has reported strong Q2 performance with increased sales and net income, a dividend announcement, and positive earnings guidance. The company's stock price surged 19% amid a tech sector decline. Analysts highlight potential risks but foresee growth opportunities driven by AI and automation investments.

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