Analog Devices posted record revenue as AI data center demand surged

The chipmaker's revenue jumped 40% to $4.02 billion in its fiscal third quarter, beating analyst expectations of $3.92 billion

Aug 19 : Analog Devices forecast fourth-quarter revenue and profit above Wall Street estimates on Wednesday, betting on continued demand for its power-management chips used across data centers and industrial applications as AI investments ramp up.The company stands to benefit from surging investment in AI-driven comput