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Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand

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Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand
Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand
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