Analog Devices, Inc. (ADI) Report Analysis
Corporate Events
Analog Devices, Inc. Appoints André Andonian as Independent Director
2022-06-27 12:00:00
Analog Devices, Inc. announced that its Board of Directors has appointed André Andonian as an independent director effective as of June 27, 2022. Andonian is the Chief Executive Officer of Andonian Advisory Pte. Ltd. that he founded that provides board and executive level advisory services to both public and private companies. Previously, Andonian was Senior Partner, Chairman of Japan and Managing Partner of Korea with McKinsey & Company. Andonian brings particular expertise in transforming companies into global leaders in the high- tech, advanced industries, aerospace, biotech and basic materials sectors, and has deep experience in the assessment and development of talent. Over the course of his almost 35 years at McKinsey & Company, Andonian held executive leadership roles across Europe, the U.S. and Asia. Andonian was a Fulbright Scholar at the Wharton School of University of Pennsylvania, where he received his MBA with distinction, and holds an MA and a BA in Social & Economic Sciences.
Analog Devices, Inc.(NasdaqGS:ADI) added to Russell 1000 Dynamic Index
2022-06-24 00:00:00
Analog Devices, Inc.(NasdaqGS:ADI) added to Russell 1000 Dynamic Index
Analog Devices, Inc. Presents at HPE Discover 2022, Jun-28-2022
2022-06-21 14:17:00
Analog Devices, Inc. Presents at HPE Discover 2022, Jun-28-2022 . Venue: Las Vegas, United States. Speakers: Anelise Sacks, Senior VP & Chief Customer Officer, Chris Ryan, Managing Director Global Ecosystems & Partnerships.
GEM Realty Advisors, LLC acquired Milpitas Manufacturing Facility from Analog Devices, Inc. (NasdaqGS:ADI) for $32.8 million.
2022-06-21 00:00:00
GEM Realty Advisors, LLC acquired Milpitas Manufacturing Facility from Analog Devices, Inc. (NasdaqGS:ADI) for $32.8 million on June 17, 2022. Cushman & Wakefield was handling the sale effort for the building. Cushman brokers Todd Beatty, Carrick Young, Kelly Yoder and Steve Horton helped to arrange the deal. GEM Realty Advisors, LLC completed the acquisition of Milpitas Manufacturing Facility from Analog Devices, Inc. (NasdaqGS:ADI) on June 17, 2022.
Analog Devices, Inc. Presents at Sensors Converge 2022, Jun-27-2022 through Jun-29-2022
2022-06-11 11:55:00
Analog Devices, Inc. Presents at Sensors Converge 2022, Jun-27-2022 through Jun-29-2022. Venue: San Jose Convention Center, San Jose, California, United States. Presentation Date & Speakers: Jun-27-2022, Gaurav Mital, Director of Product Definition/System Architecture, Sam Zhang, ADI Fellow. Jun-28-2022, Maurice O'Brien, Strategic Marketing Manager - Industrial Automation, Michael Haight, Director of Product Line Management.
Analog Devices, Inc. Presents at Nasdaq 46th Investor Conference, Jun-14-2022 09:00 AM
2022-06-09 20:00:00
Analog Devices, Inc. Presents at Nasdaq 46th Investor Conference, Jun-14-2022 09:00 AM. Venue: The May Fair Hotel, London, United Kingdom. Speakers: Prashanth Mahendra-Rajah, Executive VP of Finance & CFO.
Analog Devices, Inc. Presents at Bank of America 2022 Global Technology Conference, Jun-09-2022 10:15 AM
2022-06-07 20:00:00
Analog Devices, Inc. Presents at Bank of America 2022 Global Technology Conference, Jun-09-2022 10:15 AM. Venue: Ritz Carlton, San Francisco, California, United States. Speakers: Prashanth Mahendra-Rajah, Executive VP of Finance & CFO.
Hewlett Packard Enterprise Development LP, HPE Discover 2022, Jun 28, 2022 through Jun 30, 2022
2022-06-04 10:24:00
Hewlett Packard Enterprise Development LP, HPE Discover 2022, Jun 28, 2022 through Jun 30, 2022. Venue: Las Vegas, United States.
Analog Devices, Inc. Presents at Goldman Sachs Global Semiconductor Virtual Conference 2022, Jun-07-2022 04:00 PM
2022-06-03 20:00:00
Analog Devices, Inc. Presents at Goldman Sachs Global Semiconductor Virtual Conference 2022, Jun-07-2022 04:00 PM. Speakers: Patrick Morgan, Corporate Vice President.
Questex, LLC, Sensors Converge 2022, Jun 27, 2022 through Jun 29, 2022
2022-05-31 10:50:00
Questex, LLC, Sensors Converge 2022, Jun 27, 2022 through Jun 29, 2022. Venue: San Jose Convention Center, San Jose, California, United States.
Analog Devices, Inc., Digi-Key Corporation, Härting S.A., Spark Fun Electronics Inc, Würth Elektronik eiSos GmbH & Co. KG - Special Call
2022-05-26 14:17:00
Remotely Monitor Equipment in a Challenging Environment with Single-Pair Ethernet
Synopsys and Analog Devices Collaborate to Accelerate Power System Design
2022-05-23 13:05:00
Synopsys, Inc. and Analog Devices, Inc. announced their collaboration to provide model libraries for DC/DC ICs and µModule® (micromodule) regulators with Synopsys' simulation tool, Saber, part of Synopsys' virtual prototyping solution. With this new library in the Saber system-level simulation system, powertrain designers for products such as electric vehicles, avionic machines, instrumentation equipment and supercomputers can perform accurate multi-domain simulations with precision and speed, accelerating the design process and time-to-market. From developing an electric vehicle's powertrain or charging system, to designing reliable aerospace systems, accurate models and powerful simulation are key to meeting competitive design targets. The availability of Analog Devices' library of comprehensive component models in Saber enables design teams to perform simulations at various levels of abstraction, with multi-domain physical modeling and unmatched analysis capabilities to explore, measure, and optimize system performance.
Analog Devices, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-23-2022 03:10 PM
2022-05-19 20:00:00
Analog Devices, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-23-2022 03:10 PM. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States. Speakers: Prashanth Mahendra-Rajah, Senior VP of Finance & CFO.
Analog Devices, Inc. Provides Earnings Guidance for the Third Quarter Ending July 30, 2022
2022-05-18 11:00:00
Analog Devices, Inc. provided earnings guidance for the third quarter ending July 30, 2022. For the third quarter of fiscal 2022, the company is forecasting revenue of $3.05 billion, +/- $100 million. At the midpoint of this revenue outlook, the company expects reported operating margin of approximately 32.2%, +/-130 bps. The company is planning for reported EPS to be $1.55, +/-$0.10.
Analog Devices, Inc. Declares Quarterly Cash Dividend, Payable on June 9, 2022
2022-05-18 11:00:00
Analog Devices, Inc. Board of Directors has declared a quarterly cash dividend of $0.76 per outstanding share of common stock. The dividend will be paid on June 9, 2022 to all shareholders of record at the close of business on May 31, 2022.
Tranche Update on Analog Devices, Inc. (NasdaqGS:ADI)'s Equity Buyback Plan announced on June 7, 2007.
2022-05-18 07:07:00
From January 30, 2022 to April 30, 2022, the company has repurchased 4,506,131 shares, representing 0.86% for $712.72 million. With this, the company has completed the repurchase of 92,496,128 shares, representing 27.31% for $6,922.57 million under the buyback announced on June 7, 2007.
Analog Devices, Inc. has filed a Shelf Registration in the amount of $817.7 million.
2022-05-18 00:00:00
Analog Devices, Inc. has filed a Shelf Registration in the amount of $817.7 million. Security Name: Common Stock Securities Offered: 5,000,000 Transaction Features: ESOP Related Offering
Analog Devices, Inc., $ 0.76, Cash Dividend, May-27-2022
2022-05-17 00:00:00
Analog Devices, Inc., $ 0.76, Cash Dividend, May-27-2022
The Goldman Sachs Group, Inc., Goldman Sachs Global Semiconductor Virtual Conference 2022, Jun 07, 2022
2022-05-06 21:00:00
The Goldman Sachs Group, Inc., Goldman Sachs Global Semiconductor Virtual Conference 2022, Jun 07, 2022.
Analog Devices, Inc. Presents at an Investor Conference Hosted by The Financial Times Ltd., May-09-2022 through May-13-2022
2022-04-29 09:54:00
Analog Devices, Inc. Presents at an Investor Conference Hosted by The Financial Times Ltd., May-09-2022 through May-13-2022. Presentation Date & Speakers: May-10-2022, Greg Henderson, Senior Vice President, Automotive, Communications, and Aerospace. May-11-2022, Andy McLean, Vice President of Automotive Cabin Experience.
The Financial Times Ltd., Investor Conference, May 09, 2022 through May 13, 2022
2022-04-28 11:26:00
The Financial Times Ltd., Investor Conference, May 09, 2022 through May 13, 2022.
The Financial Times Ltd., Investor Conference, May 09, 2022 through May 13, 2022
2022-04-28 11:26:00
The Financial Times Ltd., Investor Conference, May 09, 2022 through May 13, 2022.
Analog Devices, Inc., Q2 2022 Earnings Call, May 18, 2022
2022-04-26 20:00:00
Analog Devices, Inc., Q2 2022 Earnings Call, May 18, 2022
Analog Devices, Inc. to Report Q2, 2022 Results on May 18, 2022
2022-04-26 20:00:00
Analog Devices, Inc. announced that they will report Q2, 2022 results at 7:00 AM, US Eastern Standard Time on May 18, 2022
Analog Devices, Inc. Presents at Telco AI World Summit, Apr-26-2022
2022-04-23 00:29:00
Analog Devices, Inc. Presents at Telco AI World Summit, Apr-26-2022 . Venue: Berlin, Germany. Speakers: Alberto van Burgh, Key Account Manager Mobile Operators and Ecosystem EMEA.
Informa plc, Telco AI World Summit, Apr 26, 2022 through Apr 28, 2022
2022-04-20 14:00:00
Informa plc, Telco AI World Summit, Apr 26, 2022 through Apr 28, 2022. Venue: Berlin, Germany.
Intel, Micron, and Analog Devices Join Mitre Engenuity’s Semiconductor Alliance to Define Principles for Joint Research and Collaboration for A More Resilient U.S. Semiconductor Industry
2022-04-06 12:00:00
Intel, Micron, Analog Devices, and MITRE Engenuity announced they have an agreement of principles to accelerate semiconductor research, development, and prototyping to build a more robust U.S. semiconductor industry, foster advanced manufacturing in the United States, and protect intellectual property amid increased global competition. This engagement signifies a commitment to collaborate on ensuring the resiliency of the industry. It establishes the Semiconductor Alliance to propose the foundation for a whole-of-nation approach for a more innovation-focused U.S. semiconductor industry and supply chain, one that ensures American innovation truly leads to American growth. The Semiconductor Alliance, led by MITRE Engenuity, was developed from working groups in 2021, and its principles were published in a white paper on American Innovation for American Growth summarizing the Alliance’s whole-of-nation call to action for a fair and objective National Semiconductor Technology Center (NSTC). The leading U.S. semiconductor manufacturers—Intel, Micron, and Analog Devices—and MITRE Engenuity seek engagement from industry and experts from all facets of the U.S. semiconductor ecosystem, including integrated device manufacturers; fabless chip companies; providers of infrastructure, design, and manufacturing tools; and technology innovators from industry and academia. MITRE Engenuity is built on MITRE’s 60+ year history of serving as an independent, objective bridge and convener of government, industry, and academia, bringing together the whole of nation to tackle some of the biggest challenges to national security.
Analog Devices, Inc. Presents at Bernstein 38th Annual Strategic Decisions Conference, Jun-01-2022 10:00 AM
2022-03-18 04:06:00
Analog Devices, Inc. Presents at Bernstein 38th Annual Strategic Decisions Conference, Jun-01-2022 10:00 AM. Venue: New York Hilton Midtown, 1335 Avenue of the Americas, New York City, New York, United States. Speakers: Vincent T. Roche, President, CEO & Chairman.
Sanford C. Bernstein & Co., LLC, Bernstein 38th Annual Strategic Decisions Conference, Jun 01, 2022 through Jun 03, 2022
2022-03-17 15:04:00
Sanford C. Bernstein & Co., LLC, Bernstein 38th Annual Strategic Decisions Conference, Jun 01, 2022 through Jun 03, 2022. Venue: New York Hilton Midtown, 1335 Avenue of the Americas, New York City, New York, United States.
Bank of America Corporation, Bank of America 2022 Global Technology Conference, Jun 07, 2022 through Jun 09, 2022
2022-03-17 14:07:00
Bank of America Corporation, Bank of America 2022 Global Technology Conference, Jun 07, 2022 through Jun 09, 2022. Venue: Ritz Carlton, San Francisco, California, United States.
Analog Devices, Inc. - Analyst/Investor Day
2022-03-14 08:43:00
To discuss the company’s long-term vision and growth strategy, as well as strategic opportunities in the current business environment
Nasdaq, Inc., Nasdaq 46th Investor Conference, Jun 14, 2022
2022-02-23 11:17:00
Nasdaq, Inc., Nasdaq 46th Investor Conference, Jun 14, 2022. Venue: The May Fair Hotel, London, United Kingdom.
Tranche Update on Analog Devices, Inc. (NasdaqGS:ADI)'s Equity Buyback Plan announced on June 7, 2007.
2022-02-16 07:12:00
From October 31, 2021 to January 29, 2022, the company has repurchased 2,435,354 shares, representing 0.46% for $418.91 million. With this, the company has completed the repurchase of 87,989,997 shares, representing 26.45% for $6,209.84 million under the buyback announced on June 7, 2007.
Analog Devices, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 10:30 AM
2022-01-03 21:01:00
Analog Devices, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 10:30 AM. Venue: Bellagio Hotel, Las Vegas, Nevada, United States. Speakers: Prashanth Mahendra-Rajah, Senior VP of Finance & CFO.
JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022
2021-12-21 09:47:00
JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States.
Analog Devices, Inc. Announces RadioVerse System-On-Chip
2021-12-09 13:00:00
Analog Devices, Inc. announced a breakthrough RadioVerse® System-on-Chip (SoC) series providing radio unit (RU) developers with an agile and cost-effective platform to create the most energy efficient 5G RUs in the industry. The new SoC series provides advanced RF signal processing with expanded digital functionality and RF capacity that greatly improves 5G RU performance and energy efficiency. The SoCs are the newest addition to ADI’s RadioVerse ecosystem and combine its award-winning Zero IF (ZiF) architecture with significant advances in functional integration and linearization. ADI’s RadioVerse devices are the most widely used software-defined transceivers in 4G and 5G RUs worldwide. Demand for power efficient RUs is expanding rapidly as global network operators race to deploy 5G infrastructure. With the exponential growth of wireless demand, energy efficiency is a key metric for operators as they seek to reduce their carbon footprint while expanding network capacity. The new RadioVerse SoC series requires very low power compared to alternatives and implements advanced algorithms that deliver optimal RU system efficiency. The ADRV9040 is the first in the new RadioVerse SoC series. It offers eight transmit and receive channels of 400MHz bandwidth and integrates advanced digital signal processing functions, including carrier digital up-converters (CDUC), carrier digital down-converters (CDDC), crest factor reduction (CFR) and digital pre-distortion (DPD). This expanded signal processing can eliminate the need for a field-programmable gate array (FPGA), thereby reducing thermal footprint, and total system size, weight, power, and cost. The SoC’s DPD algorithms were developed using advanced machine learning techniques and are optimized in close collaboration with major power amplifier (PA) vendors to ease the design burden and deliver best-in-class wide bandwidth performance. The algorithms are fully tested and validated across 4G and 5G use cases, including various PA technology types such as gallium nitride (GaN). In addition, the ZiF radio architecture simplifies RF filtering and signal chain components, reducing RU cost and development time for band and power variants designs.
Tranche Update on Analog Devices, Inc. (NasdaqGS:ADI)'s Equity Buyback Plan announced on June 7, 2007.
2021-12-03 16:03:00
From August 1, 2021 to October 30, 2021, the company has repurchased 12,589,887 shares, representing 3.42% for $2,058.06 million. With this, the company has completed the repurchase of 85,554,643 shares, representing 25.98% for $5,790.94 million under the buyback announced on June 7, 2007.
Analog Devices, Inc. Presents at Barclays Global TMT Conference 2021, Dec-07-2021 09:40 AM
2021-12-02 21:00:00
Analog Devices, Inc. Presents at Barclays Global TMT Conference 2021, Dec-07-2021 09:40 AM. Speakers: Karim Hamed, Vice President, Instrumentation.
Analog Devices, Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Dec-02-2021 01:20 PM
2021-11-30 21:00:00
Analog Devices, Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Dec-02-2021 01:20 PM. Speakers: Joseph Hassett, Senior VP & COO of Maxim Business.
Analog Devices, Inc. Presents at Goldman Sachs Global Sustainability Forum, Nov-30-2021 10:45 AM
2021-11-29 13:00:00
Analog Devices, Inc. Presents at Goldman Sachs Global Sustainability Forum, Nov-30-2021 10:45 AM. Speakers: Gregory N. Henderson, Senior Vice President of Automotive, Communications and Aerospace & Defense.
JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022
2021-11-23 14:23:00
JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.
Analog Devices, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2022
2021-11-23 12:00:00
Analog Devices, Inc. provided earnings guidance for the first quarter of fiscal 2022. For the year, the company expects revenue of $2.60 Billion, +/- $100 Million. The company are planning for reported EPS to be $0.43, +/- $0.10, and adjusted EPS to be $1.78, +/- $0.10.
Analog Devices, Inc. Declares Quarterly Cash Dividend, Payable on December 14, 2021
2021-11-23 12:00:00
Analog Devices, Inc. announced that Board of Directors has declared a quarterly cash dividend of $0.69 per outstanding share of common stock. The dividend will be paid on December 14, 2021 to all shareholders of record at the close of business on December 3, 2021.
Analog Devices, Inc., $ 0.69, Cash Dividend, Dec-02-2021
2021-11-22 00:00:00
Analog Devices, Inc., $ 0.69, Cash Dividend, Dec-02-2021
Analog Devices, Inc. Presents at UBS Global TMT Virtual Conference, Dec-08-2021 10:00 AM
2021-11-09 19:30:00
Analog Devices, Inc. Presents at UBS Global TMT Virtual Conference, Dec-08-2021 10:00 AM. Venue: New York, United States. Speakers: Michael C. Lucarelli, Senior Director of Investor Relations, Prashanth Mahendra-Rajah, Senior VP of Finance & CFO.
Analog Devices, Inc. Presents at NextGen Supply Chain Conference, Nov-02-2021 10:50 AM
2021-10-29 16:06:00
Analog Devices, Inc. Presents at NextGen Supply Chain Conference, Nov-02-2021 10:50 AM. Speakers: Donnacha O’Riordan, Director of Connected Motion & Robotics.
Peerless Media, LLC, NextGen Supply Chain Conference, Nov 02, 2021 through Nov 04, 2021
2021-10-28 00:00:00
Peerless Media, LLC, NextGen Supply Chain Conference, Nov 02, 2021 through Nov 04, 2021.
Analog Devices, Inc. to Report Fiscal Year 2021 Results on Nov 23, 2021
2021-10-27 20:00:00
Analog Devices, Inc. announced that they will report fiscal year 2021 results at 7:00 AM, US Eastern Standard Time on Nov 23, 2021
Analog Devices, Inc., Q4 2021 Earnings Call, Nov 23, 2021
2021-10-27 20:00:00
Analog Devices, Inc., Q4 2021 Earnings Call, Nov 23, 2021
indie Semiconductor, Inc. (NasdaqCM:INDI) entered into a Share Purchase Agreement to acquire Symeo GmbH from Analog Devices, Inc. (NasdaqGS:ADI) for $30.4 million.
2021-10-25 00:00:00
indie Semiconductor, Inc. (NasdaqCM:INDI) entered into a Share Purchase Agreement to acquire Symeo GmbH from Analog Devices, Inc. (NasdaqGS:ADI) for $30.4 million on October 21, 2021. The consideration is payable as follows, $10 million in cash at closing, $10 million payable in promissory notes in 2023, and up to an additional $5 million is payable in indie Class A common stock upon the completion of each of the first and second four quarter periods following the closing based on revenues earned in such periods in excess of specified milestones. Assuming no adjustment, the maximum number of earnout shares that may be earned for each four quarter period shall not exceed 429,184 shares. The transaction is subject to customary representations and warranties, and is subject to customary closing conditions and regulatory approval, including the submission of a notice pursuant to Sec. 55a Par. 4 AWV to the German Federal Ministry of Economics.
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021
2021-10-07 09:16:00
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021.
Analog Devices, Inc. Issues $500,000,000 Aggregate Principal Amount of Floating Rate Senior Notes Due October 1, 2024
2021-10-05 18:59:00
On October 5, 2021, Analog Devices, Inc. issued $500,000,000 aggregate principal amount of floating rate senior notes due October 1, 2024 (the “Floating Rate Notes”), $750,000,000 aggregate principal amount of 1.700% sustainability-linked senior notes due October 1, 2028 (the “Sustainability-Linked Senior Notes”), $1,000,000,000 aggregate principal amount of 2.100% senior notes due October 1, 2031 (the “2031 Notes”), $750,000,000 aggregate principal amount of 2.800% senior notes due October 1, 2041 (the “2041 Notes”) and $1,000,000,000 aggregate principal amount of 2.950% senior notes due October 1, 2051 (the “2051 Notes” and, together with the Floating Rate Notes, the Sustainability-Linked Senior Notes, the 2031 Notes and the 2041 Notes, the “Notes”) pursuant to an effective registration statement on Form S-3 (File No. 333-259782) (the “Registration Statement”) and a related prospectus and prospectus supplement, each as filed with the Securities and Exchange Commission (the “SEC”). The Notes were issued pursuant to an indenture, dated as of June 3, 2013 (the “Base Indenture”), as supplemented by a supplemental indenture, dated as of October 5, 2021 (the “Supplemental Indenture”), in each case between Analog Devices and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes are unsecured unsubordinated obligations of Analog Devices and are not guaranteed by any of Analog Devices’ subsidiaries. The Base Indenture and the Supplemental Indenture contain certain covenants, events of default and other customary provisions. The Notes were sold in an underwritten public offering pursuant to an underwriting agreement, dated as of September 28, 2021, among Analog Devices and Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC and BNP Paribas Securities Corp., as representatives of the several underwriters named therein, previously filed with the SEC. The closing of the offering satisfied the financing condition for Analog Devices’ concurrent tender offer. The Floating Rate Notes bear interest at floating annual rate equal to a benchmark rate, which initially is Compounded SOFR (as defined in the Supplemental Indenture) plus 25 basis points and will mature on October 1, 2024. The Sustainability-Linked Senior Notes initially bear interest at a rate of 1.700% per annum, subject to increase, and will mature on October 1, 2028. The 2031 Notes bear interest at a rate of 2.100% per annum and will mature on October 1, 2031. The 2041 Notes bear interest at a rate of 2.800% per annum and will mature on October 1, 2041. The 2051 Notes bear interest at a rate of 2.950% per annum and will mature on October 1, 2051. Interest on the Floating Rate Notes is payable on January 1, April 1, July 1 and October 1 of each year, beginning on January 1, 2022. Interest on the Sustainability-Linked Senior Notes, the 2031 Notes, the 2041 Notes and the 2051 Notes is payable on April 1 and October 1 of each year, beginning on April 1, 2022.
Analog Devices, Inc. Announces Expiration of Tender Offer for Senior Notes
2021-10-05 12:00:00
Analog Devices, Inc. announced that the previously announced cash tender offer by the company for any and all of its outstanding 2.500% Senior Notes due December 2021, its outstanding 2.875% Senior Notes due June 2023 (the “June 2023 Notes”), its outstanding 3.125% Senior Notes due December 2023 (the “December 2023 Notes”), its outstanding 3.900% Senior Notes due December 2025 (the “2025 Notes”), its outstanding 4.500% Senior Notes due December 2036 (the “2036 Notes”) and its outstanding 5.300% Senior Notes due December 2045 (the “2045 Notes”, and together with the 2021 Notes, the June 2023 Notes, the December 2023 Notes, the 2025 Notes and the 2036 Notes, the “Notes”), expired on October 4, 2021 at 5:00 p.m., New York City time (the “Expiration Time”). The tender offer was made on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 28, 2021 (the “Offer to Purchase”) and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the “Notice of Guaranteed Delivery”). The tender offer is referred to as the “Offer.” The Offer to Purchase and the Notice of Guaranteed Delivery are referred to together as the “Offer Documents.” According to information provided by D.F. King & Co., Inc., the tender agent and information agent for the Offer, $71,181,000, or 17.80%, of the $400,000,000 aggregate principal amount of the 2021 Notes, $133,317,000, or 26.66%, of the $500,000,000 aggregate principal amount of the June 2023 Notes, $282,735,000, or 51.41%, of the $550,000,000 aggregate principal amount of the December 2023 Notes, $323,313,000, or 38.04%, of the $850,000,000 aggregate principal amount of the 2025 Notes, $105,722,000, or 42.29%, of the $250,000,000 aggregate principal amount of the 2036 Notes and $67,413,000, or 16.85%, of the $400,000,000 aggregate principal amount of the 2045 Notes had been validly tendered and delivered (and not validly withdrawn) in the Offer at or prior to the Expiration Time. In addition, $730,000 aggregate principal amount of June 2023 Notes, $1,309,000 aggregate principal amount of December 2023 Notes and $3,085,000 aggregate principal amount of 2025 Notes remain subject to guaranteed delivery procedures. Payment for the Notes validly tendered pursuant to the Offer (and not validly withdrawn) prior to the Expiration Time and accepted for purchase is intended to be made on or around October 5, 2021 (the “Settlement Date”), and payment for the Notes validly tendered pursuant to a Notice of Guaranteed Delivery (and not validly withdrawn) prior to the Expiration Time and accepted for purchase, is intended to be made on or around October 7, 2021 (the “Guaranteed Delivery Settlement Date”). As previously announced, the applicable “Tender Offer Consideration” will be $1,001.77 for each $1,000 principal amount of 2021 Notes, $1,041.39 for each $1,000 principal amount of June 2023 Notes, $1,053.78 for each $1,000 principal amount of December 2023 Notes, $1,112.13 for each $1,000 principal amount of 2025 Notes, $1,239.96 for each $1,000 principal amount of 2036 Notes and $1,400.67 for each $1,000 principal amount of 2045 Notes, plus accrued and unpaid interest to, but not including, the Settlement Date, payable on the Settlement Date or the Guaranteed Delivery Settlement Date, as applicable. The Offer will be funded from a portion of the net proceeds from the recently completed sale by the Company on October 5, 2021 of its Floating Rate Senior Notes due 2024, 1.700% Sustainability-Linked Senior Notes due 2028, 2.100% Senior Notes due 2031, 2.800% Senior Notes due 2041 and 2.950% Senior Notes due 2051. The Offer was made solely pursuant to the Offer Documents and was not made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
Analog Devices, Inc. Presents at Credit Suisse 25th Annual Technology Conference, Nov-30-2021 02:30 PM
2021-10-05 09:20:00
Analog Devices, Inc. Presents at Credit Suisse 25th Annual Technology Conference, Nov-30-2021 02:30 PM. Venue: The Phoenician Hotel, Scottsdale, Arizona, United States. Speakers: Prashanth Mahendra-Rajah, Senior VP of Finance & CFO.
Analog Devices Announces Pricing of Tender Offer for Senior Notes
2021-10-04 19:06:00
Analog Devices, Inc. announced that it has priced the previously announced cash tender offer for any and all of its outstanding 2.500% Senior Notes due December 2021, its outstanding 2.875% Senior Notes due June 2023, its outstanding 3.125% SeniorNotes due December 2023, its outstanding 3.900% SeniorNotes due December 2025, its outstanding 4.500% Senior Notes due December 2036 and its outstanding 5.300% Senior Notes due December 2045. The tender offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 28, 2021 and the related Notice of Guaranteed Delivery attached to the Offer to Purchase. The tender offer is referred to as the “Offer.” The Offer to Purchase and the Notice of Guaranteed Delivery are referred to together as the Offer Documents. In addition, holders whose Notes are validly tendered pursuant to the Offer (and not validly withdrawn) prior to the Expiration Time will receive accrued and unpaid interest from the last interest payment date to, but not including, the Settlement Date (as defined in the Offer to Purchase) for all Notes tendered pursuant to the Offer (and not validly withdrawn) prior to the Expiration Time, including Notes tendered by Notice of Guaranteed Delivery. The company expects the Settlement Date to occur on October 5, 2021. Notes tendered by Notice of Guaranteed Delivery (and not validly withdrawn) prior to the Expiration Time and accepted for purchase will be purchased on the third business day after the Expiration Time, which is expected to be October 7, 2021, assuming the Expiration Time is not extended, but payment of accrued interest on such Notes will only be made to, but not including, the Settlement Date. The applicable “Tender Offer Consideration” listed in the table above for each $1,000 principal amount of Notes validly tendered pursuant to the Offer (and not validly withdrawn) prior to the Expiration Time and accepted for purchase pursuant to the Offer was determined in the manner described in the Offer Documents by reference to the fixed spread for the applicable Notes specified in the table above plus the yield based on the applicable bid-side price of the U.S. Treasury Reference Security, New York City time, on October 4, 2021.
The Goldman Sachs Group, Inc., Goldman Sachs Global Sustainability Forum, Nov 30, 2021
2021-10-02 18:15:00
The Goldman Sachs Group, Inc., Goldman Sachs Global Sustainability Forum, Nov 30, 2021.
Analog Devices, Inc. Commences Cash Tender Offer for Any and All of Its Outstanding 2.500% Senior Notes Due December 2021
2021-09-28 13:12:00
On September 28, 2021, Analog Devices, Inc. announced that it had commenced a cash tender offer (the “Tender Offer”) for any and all of its outstanding 2.500% Senior Notes due December 2021 (the “2021 Notes”), its outstanding 2.875% Senior Notes due June 2023 (the “June 2023 Notes”), its outstanding 3.125% Senior Notes due December 2023 (the “December 2023 Notes”), its outstanding 3.900% Senior Notes due December 2025 (the “2025 Notes”), its outstanding 4.500% Senior Notes due December 2036 (the “2036 Notes”) and its outstanding 5.300% Senior Notes due December 2045 (the “2045 Notes”, and together with the 2021 Notes, the June 2023 Notes, the December 2023 Notes, the 2025 Notes and the 2036 Notes, the “Notes”). The complete terms and conditions of the Tender Offer are set forth in an offer to purchase and notice of guaranteed delivery (collectively, the “Tender Offer Documents”) that will be sent to registered holders of the Notes. The Tender Offer will expire on October 4, 2021, unless extended or earlier terminated (the “Expiration Time”). The applicable consideration for each $1,000 principal amount of Notes validly tendered (and not validly withdrawn) prior to the Expiration Time and accepted for purchase pursuant to the Tender Offer will be determined in the manner described in the Tender Offer Documents by reference to the applicable fixed spread for such Notes plus the applicable yield based on the bid-side price of the applicable U.S. Treasury Reference Security on October 4, 2021, unless extended. Holders will also receive accrued and unpaid interest on the Notes validly tendered (and not validly withdrawn) prior to the Expiration Time and accepted for purchase from the applicable last interest payment date up to, but not including, the date the Company initially makes payment for such Notes, which date is anticipated to be October 5, 2021 (the “Settlement Date”). Notes tendered by notice of guaranteed delivery (and not validly withdrawn) prior to the Expiration Time and accepted for purchase will be purchased on the third business day after the Expiration Time, but payment of accrued interest on such Notes will only be made to, but not including, the Settlement Date.
Analog Devices, Inc. has announced a Fixed-Income Offering.
2021-09-28 00:00:00
Analog Devices, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Subordinated Unsecured Sustainability-Linked Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; Senior; Subordinated; Sustainable Bond Offering; Unsecured Coupon Type: Fixed
Analog Devices, Inc. has announced a Fixed-Income Offering.
2021-09-28 00:00:00
Analog Devices, Inc. has announced a Fixed-Income Offering. Security Name: Floating Rate Senior Subordinated Unsecured Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Floating Rate; Senior; Subordinated; Unsecured Coupon Type: Variable
Analog Devices, Inc. has announced a Fixed-Income Offering.
2021-09-28 00:00:00
Analog Devices, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Subordinated Unsecured Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; Senior; Subordinated; Unsecured Coupon Type: Fixed
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $994.28 million.
2021-09-28 00:00:00
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $994.28 million. Security Name: 2.10% Senior Subordinated Unsecured Notes due October 1, 2031 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $1 billion Price\Range: 99.428% Discount Per Security: 0.65% Security Features: Callable; Senior; Subordinated; Unsecured Coupon Type: Fixed
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $500 million.
2021-09-28 00:00:00
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $500 million. Security Name: Floating Rate Senior Subordinated Unsecured Notes due October 1, 2024 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $500 million Price\Range: 100% Discount Per Security: 0.45% Security Features: Floating Rate; Senior; Subordinated; Unsecured Coupon Type: Variable
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $744.2025 million.
2021-09-28 00:00:00
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $744.2025 million. Security Name: 2.8% Senior Unsubordinated Unsecured Notes due October 1, 2041 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $750 million Price\Range: 99.227% Discount Per Security: 0.875% Security Features: Callable; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $745.5375 million.
2021-09-28 00:00:00
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $745.5375 million. Security Name: 1.7% Senior Subordinated Unsecured Sustainability-Linked Notes due October 1, 2028 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $750 million Price\Range: 99.405% Discount Per Security: 0.625% Security Features: Callable; Senior; Subordinated; Sustainable Bond Offering; Unsecured Coupon Type: Fixed
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $991.73 million.
2021-09-28 00:00:00
Analog Devices, Inc. has completed a Fixed-Income Offering in the amount of $991.73 million. Security Name: 2.95% Senior Unsubordinated Unsecured Notes due October 01, 2051 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $1 billion Price\Range: 99.173% Discount Per Security: 0.875% Security Features: Callable; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
Analog Devices, Inc. has announced a Fixed-Income Offering.
2021-09-28 00:00:00
Analog Devices, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsubordinated Unsecured Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
Analog Devices, Inc. has announced a Fixed-Income Offering.
2021-09-28 00:00:00
Analog Devices, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsubordinated Unsecured Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
Analog Devices, Inc. has filed a Shelf Registration.
2021-09-24 00:00:00
Analog Devices, Inc. has filed a Shelf Registration. Security Name: Senior Unsecured Debt Securities
Analog Devices, Inc. Announces That Lotus Cars Plans to Incorporate ADI’s Wireless Battery Management System in Its Next-Generation Electric Vehicle Architecture
2021-09-22 12:00:00
Analog Devices, Inc. announced that Lotus Cars is planning to incorporate ADI’s wireless battery management system (wBMS) in its next-generation electric vehicle (EV) architecture. ADI’s wBMS was selected for its increased design flexibility, battery repairability and lighter weight. The engineering collaboration will enable Lotus to safely propel its future EV fleet and continue pushing the limits of design and technology. ADI’s wBMS technology eliminates the traditional wired harness, leading to a reduction of up to 90% in the wiring and 15% of the volume in the battery pack. It also improves design flexibility and manufacturability, without compromising range and state of charge accuracy over the life of the battery. ADI’s wBMS enables simplified assembly and disassembly of battery packs to ensure faulty battery cells can be removed and repaired quickly and efficiently. The body architecture of every Lotus car is designed for peak performance. The design flexibility of wBMS will enable Lotus’ engineers to freely design the vehicle and fit the battery pack into the design, instead of designing the car around it. Moreover, because ADI’s wBMS enables maximum energy use per cell required for optimized vehicle range, it aligns with Lotus’ focus on durability. It is crucial that the battery keep up with the longevity of the Lotus vehicle. wBMS enables state-of-health measurement and simplified assembly and disassembly of battery packs to ensure faulty battery cells can be removed and repaired efficiently. With wBMS, serviceability is easier and faster for both road vehicles and trackside since the battery modules are software programmable for quick and convenient over the air updates. The cell controller lives with the battery module for life as one serviceable unit, furthering the simplified service model.
Tiny Power Management Ic from Analog Devices Charges Wearables and Hearables Four Times Faster
2021-09-21 12:00:00
The new MAX77659 single-inductor multiple output power management IC with integrated switch-mode buck-boost charger from Analog Devices, Inc. charges wearables, hearables and Internet of Things devices faster and in less space than any other PMIC available today. The MAX77659 SIMO PMIC delivers over four hours of play time after a short, ten-minute charge, and uses a single inductor to power multiple rails, reducing the bill of materials by 60% and shrinking total solution size by 50%. The MAX77659 SIMO PMIC integrates a switch-mode buck-boost charger and three independently programmable buck-boost regulators, all sharing a single inductor to minimize total solution size. The regulators extend battery life by operating at 91% efficiency during moderate to heavy load conditions while consuming only 5µA of quiescent current during light load conditions. The MAX77659 SIMO PMIC supports autonomous headroom control, which reduces heat dissipation by minimizing the voltage drop while providing enough headroom to regulate the charging current. Fastest Charging: The MAX77659 integrates a switch mode buck-boost charger that charges wearables and hearables four times faster. A short, ten-minute charge delivers over four hours of play time compared with traditional solutions that can deliver just one-and-a-half hours of play time post charge. Smallest Size: The MAX77659 is offered in a tiny 30-bump wafer level package (WLP) that measures 2.55 mm x 2.37mm. Use of a single inductor and integration of the charger reduces the bill of materials by 60% for a total solution size of just 22mm2, small enough for the most compact wearable and hearable applications.
Clinical-Grade AFE from Analog Devices Measures Four Vital Signs for Remote Patient Monitoring Devices
2021-09-20 12:00:00
Analog Devices, Inc. announced Simplify the design of wearable remote patient monitoring (RPM) devices by measuring four vital signs with one MAX86178 triple-system vital signs analog front end (AFE) from Analog Devices, Inc. This single-chip AFE integrates three measurement systems (optical, ECG and bio-impedance) to obtain four common vital signs: electrocardiogram (ECG or EKG), heart rate (ECG or optical PPG), blood-oxygen saturation (SpO2) and respiration rate (using BioZ). The MAX86178 enables synchronized optical PPG and ECG timing for derived health metrics. Medical device designers are eager to reduce annual healthcare-related expenditures by replacing office-based health monitoring systems with smaller, lower power, wireless devices worn discreetly and continuously in the home or office. With three clinical-grade subsystems integrated into one IC, the MAX86178 triple system AFE replaces discrete implementations by integrating an optical PPG sub-system to measure heart rate and SpO2, a single lead ECG sub-system, as well as a biopotential and bioimpedance (BioZ) sub-system to measure respiration rate. It permits small vital signs devices by fitting those multiple functions into a 2.6mm x 2.8mm package. In addition, next-generation wearable RPMs need to operate at low power to permit smaller batteries or extend battery life to allow more convenient charging requirements. To enable ultra-low power features, the MAX86178 provides each subsystem with configurable options to optimize battery life for specific use cases.
Analog Devices, Inc. Presents at 5G World Summit 2021, Sep-22-2021 03:40 PM
2021-09-16 20:25:00
Analog Devices, Inc. Presents at 5G World Summit 2021, Sep-22-2021 03:40 PM. Venue: London, United Kingdom. Speakers: Peadar Forbes.
Informa Tech Holdings LLC, 5G World Summit 2021, Sep 20, 2021 through Sep 24, 2021
2021-09-16 06:00:00
Informa Tech Holdings LLC, 5G World Summit 2021, Sep 20, 2021 through Sep 24, 2021. Venue: London, United Kingdom.
Analog Devices Unveils Ultra-Low Power MAXQ1065 Cryptographic Controller Featuring Its Proprietary ChipDNA™
2021-09-15 12:00:00
Analog Devices, Inc. unveiled the ultra-low power MAXQ1065 cryptographic controller featuring its proprietary ChipDNA™ physically unclonable functionality (PUF) technology, which offers the strongest protection for edge-to-cloud Internet of Things (IoT) nodes, including medical and wearable devices, against invasive security attacks. The security co-processor provides 30x lower power when compared to similar products and its extended lifetime and operating range make it well-suited for long-term deployments in harsh environments.The MAXQ1065 security co-processor provides turnkey cryptographic functions for root-of-trust, mutual authentication, data confidentiality and integrity, secure boot, secure firmware update, and secure communications. It includes standard algorithms for key exchange and bulk encryption, or complete transport layer security (TLS) support. The device integrates 8KB of secure storage for user data, keys, certificates and counters with user-defined access control and life cycle management functionality for IoT equipment. The MAXQ1065's low power consumption and wide operating range makes it suitable for battery-powered applications, and the very small footprint and low pin count enable easy integration into medical and wearable devices. The MAXQ1065 life cycle management allows flexible access control rules during the major life cycle stages of the device and end equipment, ensuring long-term operation in harsh environments. The device integrates Analog Devices' proprietary ChipDNA PUF technology, which protects against invasive attacks since any attempt to probe the PUF cryptographic destroys its value. The MAXQ1065 is also supported by Analog Devices' secure key preprogramming service for customers who want keys, data and life cycle state initialized prior to shipment to a contract manufacturer. MAXQ1065 Security Co-Processor Features and Benefits: Most complete and robust edge-to-cloud security: The MAXQ1065 includes a TLS/DTLS 1.2 command set built upon hardware-based ECDSA, ECDHE and AES for authentication, key exchange and secure communication. Additional countermeasures against security attacks include the irreversible ChipDNA PUF technology which is used to cryptographically protect all stored data from discovery. Lowest power: The MAXQ1065 operates at 100nA during power down mode, which is 30x lower than comparable products. Price each per 1,000 units of MAXQ1065 is $0.83 with packaging of 12-pin 3mm x 3mm x 0.75mm TDFN package. Price each per 1,000 units of MAXQ1065EVKIT is $90.10.
Analog Devices, Inc. Appoints Janene Asgeirsson as New Senior Vice President, Chief Legal Officer and Corporate Secretary
2021-09-14 12:00:00
Analog Devices, Inc. has appointed Janene Asgeirsson as the company’s new Senior Vice President, Chief Legal Officer and Corporate Secretary. Asgeirsson is a highly accomplished legal advisor with more than 20 years of experience in corporate law. She will be responsible for overseeing ADI’s legal matters, including M&A, litigation, intellectual property, governance, compliance and corporate matters. She is also responsible for the company’s internal audit and risk functions in her capacity as Chief Risk Officer. Asgeirsson joins ADI from Acacia Communications where she served as Chief Legal Officer, Chief Compliance Officer and Secretary, leading global teams with diverse responsibilities.
Analog Devices, Inc. Presents at Citi 2021 Global Technology Virtual Conference, Sep-15-2021 10:30 AM
2021-09-13 12:00:00
Analog Devices, Inc. Presents at Citi 2021 Global Technology Virtual Conference, Sep-15-2021 10:30 AM. Speakers: Prashanth Mahendra-Rajah, Senior VP of Finance & CFO.
BraveHeart Wireless, Inc. and Analog Devices, Inc. Collaborate on Remote Patient Monitoring System
2021-09-08 11:00:00
BraveHeart Wireless Inc. announced a strategic agreement with Analog Devices, Inc. to collaborate on a complete, end-to-end remote patient monitoring (RPM) system. BraveHeart, a startup based in Nashua, NH, and Analog Devices will work together to incorporate BraveHeart’s 510(k) cleared Bravo1 remote patient monitoring (RPM) platform as a component of Analog Devices’ vital sign monitoring infrastructure. The collaboration between BraveHeart and Analog Devices will allow healthcare partners unique access to a suite of healthcare sensing technologies built on the foundation of a robust medical-grade RPM platform. BraveHeart’s Bravo1 platform is highly customizable and features a multi-sensor, reusable, rechargeable wearable patch module, a communications gateway, mobile applications, and cloud data management. BraveHeart’s unique approach to remote patient monitoring incorporates an open architecture allowing for sensor expansion, open data access, and integration into systems such as Electronic Medical Record (EMR) platforms. Both real-time and intermittent remote vital signs monitoring are possible. The wearable patch is designed to drive compliance and better patient outcomes while minimizing the cost per use.
Analog Devices, Inc. Updates Earnings Guidance for the Fourth Quarter of Fiscal Year 2021
2021-09-08 02:15:00
Analog Devices, Inc. updated earnings guidance for the fourth quarter of Fiscal Year 2021. For the fourth quarter, the company expects revenue of $2.30 billion, +/- $70 million. The company is planning for reported EPS to be $1.25, +/-$0.09.
Analog Devices, Inc. and TWAICE Work Together to Advance Battery Lifecycle Optimization
2021-09-02 13:00:00
TWAICE announced a collaboration with Analog Devices, Inc. to tackle the challenges of battery lifecycle optimization. The combination of Analog Devices’ sensor technology and wireless connectivity with TWAICE’s battery analytics software will benefit customers in the mobility and energy sectors. The alliance will be instrumental in significantly reducing warranty risks and recalls, optimizing battery life, and enhancing battery value. Analog Devices is a global leader in battery management systems, and high-performance analog, mixed-signal, and digital signal processing solutions. The collaboration with the software company TWAICE, whose platform provides end-to-end battery analytics solutions, will enable the optimization of the entire battery lifecycle. Mobility is at an inflection point, with electrified powertrains replacing combustion engines. Battery reliability and economics are critical in the widespread deployment of renewable energies and electric vehicles. Battery performance and lifespan play a key role in the sustainability of solutions they are deployed in, yet the assessment thereof is often challenging. The goal of the collaboration is to provide a holistic lifecycle solution for automakers with integrated hardware and software. Accurate battery measurements provided through a wireless battery management system form the basis. Analog Devices’ sensor technology provides data, and a quality thereof previously unavailable. TWAICE can generate crucial insights into the battery performance desired by companies around the globe. The resulting forecasts enable qualified statements at any point in the battery lifecycle regarding its value and usability.
Analog Devices, Inc. Announces Board Appointments
2021-08-26 13:00:00
Analog Devices, Inc. (ADI) announced the completion of its previously announced acquisition of Maxim Integrated Products, Inc. In connection with the closing of the transaction, Tunç Doluca, former President and Chief Executive Officer of Maxim, and Mercedes Johnson, former Founding Executive of Avago Technologies, will join the ADI Board of Directors.
Analog Devices, Inc., Maxim Integrated Products, Inc. - M&A Call
2021-08-26 13:00:00
To discuss its upcoming capital allocation priorities and the updated fourth quarter fiscal 2021 outlook
Analog Devices, Inc. (NasdaqGS:ADI) completed the acquisition of Maxim Integrated Products, Inc. (NasdaqGS:MXIM) from a group of shareholders.
2021-08-26 00:00:00
Analog Devices, Inc. (NasdaqGS:ADI) ("ADI") entered into definitive agreement to acquire Maxim Integrated Products, Inc. (NasdaqGS:MXIM) from a group of shareholders for $21.8 billion on July 12, 2020. Under the terms of the agreement, ADI will acquire Maxim in an all-stock transaction that values the combined enterprise at over $68 billion and Maxim stockholders will receive 0.63 of a share of ADI common stock for each share of Maxim common stock they hold at the closing of the transaction. Upon closing, current ADI stockholders will own approximately 69% of the combined company, while Maxim stockholders will own approximately 31%. The combined company will be named Analog Devices. The transaction is intended to qualify as a tax-free reorganization for U.S. federal income tax purposes. Under the agreement, Maxim Integrated Products and ADI will be required to pay a termination fee to the other party equal to $725 million if the agreement is terminated in certain circumstances, including if the agreement is terminated because its Board of Directors has changed its recommendation. ADI will be required to pay a termination fee equal to $830 million if the agreement is terminated in certain circumstances related to the failure to obtain required regulatory approvals prior to the outside date. Upon closing of the transaction, two Maxim Directors will join ADI’s Board of Directors, including Maxim President and Chief Executive Officer, Tunç Doluca. The transaction is subject to the satisfaction of customary closing conditions, including receipt of U.S. and certain non-U.S. regulatory approvals, and approval by stockholders of ADI and Maxim Integrated Products. The transaction is also subject to the Form S-4 Registration Statement becoming effective, any waiting period applicable to the consummation of the merger under any applicable Antitrust Law having been expired, the shares of ADI having been approved for listing on Nasdaq and the absence of any law or order by any governmental entity of competent jurisdiction preventing, enjoining or making illegal the consummation of the merger. As of February 24, 2021, the transaction is subject to approval of The European Commission. The Boards of Directors of Maxim and ADI unanimously approved the transaction. As of August 24, 2020, ADI voluntarily withdrew its pre-merger notification under the HSR Act. In accordance with the regulations under the HSR Act, ADI plans to resubmit its HSR Act filing on August 26, 2020, commencing a new 30-day waiting period under the HSR Act. As of September 3, 2020, the registration statement has been declared effective. The HSR Waiting Period expired on September 25, 2020. As of October 8, 2020, shareholders of ADI and Maxim approved the transaction. As of February 4, 2021, The Philippine Competition Commission (PCC) has approved the merger. As of March 31, 2021, the transaction has gained unconditional EU antitrust clearance. As of April 16, 2021, Competition and Consumer Commission of Singapore approved the merger. As of May 19, 2021, the transaction has received the European Union, Korea, Taiwan, Japan, and Singapore approvals. As of August 23, 2021, China’s State Administration for Market Regulation has given antitrust clearance for the transaction. The transaction has now received all required regulatory clearances. The transaction is expected to close in the summer of 2021. As of August 23, 2021, the transaction is expected to close on or about August 26, 2021. This transaction is expected to be accretive to adjusted EPS in 18 months subsequent to closing with $275 million of cost synergies by the end of year two, driven primarily by lower operating expenses and cost of goods sold. This transaction is also expected to be accretive to free cash flow at close, enabling additional returns to shareholders, with improving balance sheet strength pro forma net leverage of 1.2x. Anthony Armstrong, Wally Cheng and Mark Edelstone of Morgan Stanley & Co. LLC and Kevin Brunner, Mohit Manaktala, Rob Brass and March Chisari of BofA Securities acted as financial advisors while Mark Gordon and Jenna E. Levine of Wachtell, Lipton, Rosen & Katz acted as legal advisors to ADI. John Boyce of Slaughter and May worked as part of an integrated team with Wachtell Lipton Rosen & Katz. Slaughter and May advised to ADI on the EU and UK merger control and other EU regulatory aspects of its takeover of Maxim. Drago Rajkovic and Pankaj Goel of J.P. Morgan Securities LLC acted as financial advisors while Michael J. Aiello, Craig Adas, Karen Ballack, Paul Wessel, Joseph Pari, Chayim Neubort, Jeff White, Karen Ballack and Vadim Brusser of Weil, Gotshal & Manges LLP acted as legal advisors to Maxim. The Board of Maxim has received the opinion of J.P. Morgan Securities LLC, to the effect that, the exchange ratio pursuant to this agreement is fair, from a financial point of view, to the holders of shares of Maxim Integrated Products. The Board of ADI has received the separate oral opinions of each of Morgan Stanley & Co. LLC and BofA Securities, Inc., to the effect that the exchange ratio pursuant to this agreement is fair, from a financial point of view, to ADI. Charles Ruck and Josh Dubofsky of Latham & Watkins LLP acted as legal advisor for J.P. Morgan Securities. Computershare Trust Company, NA acted as transfer agent to Analog and Maxim. Innisfree M&A Inc. acted as the information agent to Analog Devices for a fee of $0.03 million for its services, while D.F. King & Co., Inc. acted as the information agent to Maxim for an estimated fee of approximately $0.02 million, plus reimbursement for certain out-of-pocket fees and expenses. Analog Devices has agreed to pay Morgan Stanley a fee of $44 million for its services, $4 million of which was paid upon the public announcement of the merger and the remainder of which is contingent upon the closing of the merger and will be reduced by an amount that Morgan Stanley has agreed with Analog Devices is creditable to pay other third-party transaction fees. Analog Devices has agreed to pay BofA Securities for its services in connection with the merger an aggregate fee of $5 million, $1.5 million of which was payable upon delivery of its opinion and the remainder of which is contingent upon the completion of the merger. Maxim has agreed to pay J.P. Morgan a fee of 0.5% of the total consideration payable to Maxim stockholders in the merger, which fee would be approximately $107 million, $4 million of which became payable to J.P. Morgan upon delivery of its opinion, and the remainder of which will be payable only upon the closing of the proposed merger. Christopher D. Dillon of Gibson, Dunn & Crutcher LLP acted as legal advisor to Morgan Stanley & Co. LLC. Stephen M. Kotran of Sullivan & Cromwell LLP acted as legal advisor to BofA Securities. Analog Devices, Inc. (NasdaqGS:ADI) completed the acquisition of Maxim Integrated Products, Inc. (NasdaqGS:MXIM) from a group of shareholders on August 26, 2021. In connection with the closing of the transaction, Tunç Doluca, former President and Chief Executive Officer of Maxim, and Mercedes Johnson, former Founding Executive of Avago Technologies, will join the Analog Devices Board of Directors.
Analog Devices, Inc. has filed a Shelf Registration in the amount of $1.96639 billion.
2021-08-26 00:00:00
Analog Devices, Inc. has filed a Shelf Registration in the amount of $1.96639 billion. Security Name: Common Stock Securities Offered: 11,990,184 Transaction Features: ESOP Related Offering
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021
2021-08-25 17:29:00
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021. Venue: New York, United States.
Analog Devices, Inc. announces an Increase in Equity Buyback.
2021-08-25 00:00:00
On August 25, 2021, the company announced an increase in its equity buyback plan. The company has increased its authorization by an additional amount of $8,500 million, thereby increasing the total plan term monetary value authorization to $13,670 million.
Analog Devices, Inc. Presents at 2021 BMO Virtual Technology Summit, Aug-25-2021 10:00 AM
2021-08-21 01:06:00
Analog Devices, Inc. Presents at 2021 BMO Virtual Technology Summit, Aug-25-2021 10:00 AM. Speakers: Vincent T. Roche, President, CEO & Director.
Analog Devices, Inc. Declares Quarterly Cash Dividend, Payable on September 8, 2021
2021-08-18 11:00:00
Analog Devices, Inc.'s Board of Directors has declared a quarterly cash dividend of $0.69 per outstanding share of common stock. The dividend will be paid on September 8, 2021 to all shareholders of record at the close of business on August 27, 2021.
Analog Devices, Inc. Announces Earnings Guidance for the Fourth Quarter of Fiscal Year 2021
2021-08-18 11:00:00
Analog Devices, Inc. announced earnings guidance for the fourth quarter of Fiscal Year 2021. For the fourth quarter, the company expects revenue of $1.78 billion, +/- $70 million. The company is planning for reported EPS to be $1.33, +/-$0.11.
Tranche Update on Analog Devices, Inc. (NasdaqGS:ADI)'s Equity Buyback Plan announced on June 7, 2007.
2021-08-18 07:06:00
From May 2, 2021 to July 31, 2021, the company has repurchased 941,263 shares, representing 0.26% for $152.17 million. With this, the company has completed the repurchase of 72,964,756 shares, representing 22.56% for $3,732.88 million under the buyback announced on June 7, 2007.
Analog Devices, Inc., $ 0.69, Cash Dividend, Aug-26-2021
2021-08-17 00:00:00
Analog Devices, Inc., $ 0.69, Cash Dividend, Aug-26-2021
Analog Devices, Inc., Q3 2021 Earnings Call, Aug 18, 2021
2021-07-29 20:00:00
Analog Devices, Inc., Q3 2021 Earnings Call, Aug 18, 2021
Analog Devices, Inc. to Report Q3, 2021 Results on Aug 18, 2021
2021-07-29 20:00:00
Analog Devices, Inc. announced that they will report Q3, 2021 results at 7:00 AM, US Eastern Standard Time on Aug 18, 2021
Metawave Selects Analog Devices’ Beamforming Technology for Turbo 5G Repeater to Expand Radio Coverage and Decrease Deployment Cost
2021-07-20 12:00:00
Metawave announced that its TURBO 5G repeater is the first platform of its kind to use Analog Devices’ ADMV4828 beamforming chipset. This enables Metawave’s TURBO platform to reach an overall system gain that is unattainable with competing technologies. Metawave is now licensing TURBO steerable beamforming front-end modules, enabling 5G companies to immediately and affordably expand their offerings to include fully-calibrated and integrated dual-polarized antenna arrays. Millimeter-wave (mmWave) signals provide extremely high bandwidth and propagate shorter distances due to higher losses making it extremely challenging to rollout 5G networks efficiently. Organizations need to install more radios or supplement the deployment with cost-effective repeaters to ensure constant connection. Metawave offers its passive KLONE reflectors, for indoor and outdoor use, which provide a license-free, no power solution to extend 5G. Metawave’s TURBO repeater is for outdoor use, and offers a low power, lightweight, small footprint, and affordable alternative to installing high volumes of radios. Even more attractive, Metawave’s TURBO all-analog repeater delivers unmatched range extension and data throughput increase with its 100+ dB overall gain and near-zero signal distortion to accommodate higher modulations.
BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021
2021-07-14 05:10:00
BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021.
Fundamental Summary
At a high level, the metrics from Analog Devices's Q1 financial report release were demonstrably positive. Specifically, their income and value factors indicate a well-planned and balanced effort, which is generating exciting income. This relative strength should allow Analog Devices to continue to perform well even in a tough market. As such, Analog Devices received an overall score of 78 and a HOLD recommendation.
Analog Devices reported earnings results for the second quarter and six months ended April 30, 2022. For the second quarter, the company reported sales was USD 2,972.06 million compared to USD 1,661.41 million a year ago. Net income was USD 783.27 million compared to USD 422.91 million a year ago. Basic earnings per share from continuing operations was USD 1.5 compared to USD 1.15 a year ago. Diluted earnings per share from continuing operations was USD 1.49 compared to USD 1.14 a year ago.For the six months, sales was USD 5,656.36 million compared to USD 3,219.87 million a year ago. Net income was USD 1,063.35 million compared to USD 811.42 million a year ago. Basic earnings per share from continuing operations was USD 2.03 compared to USD 2.2 a year ago. Diluted earnings per share from continuing operations was USD 2.01 compared to USD 2.18 a year ago.
Business Description
Analog Devices designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and high-end consumer markets; and power ICs include performance, integration, and software design simulation tools for accurate power supply designs. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company offers digital signal processing and system products for high-speed numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, the rest of North and South America, Europe, Japan, China, and rest of Asia, as well as through its Website. Analog Devices was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
Sector Overview
Analog Devices is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Analog Devices's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 6.7 | 28.8% | 92 | |
| Net Cashflow | 432.5 | -41.7% | 78 | |
| Capital Expenditure | -411.3 | -16.9% | 51 | |
| Asset Turnover | 0.3 | 15.9% | 94 | |
| Free Cashflow | 6.7 | 6.0% | 76 |
* All values are TTM
The below chart reflects Analog Devices's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Analog Devices's peer average final assessment score stands on 72.0, Analog Devices's score is 78.
- ADI
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Analog Devices's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Analog Devices's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.
5D MA
148.39
50D MA
157.44
200D MA
166.36
MACD
-3.54
RSI
55.28
STOCH
23.34
Balance Sheet Analysis
Two metrics jump up as the most significant positive drivers of the balance sheet strength in Analog Devicess recent report: Assets and Book Value Factors. Analog Devices's management was effective in managing the value of the assets on their balance sheet, which now sits at 50800.7 and represents a -0.8% change from the previous report. These results, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. Consequently, their asset movement received a grade of 80. Also, Analog Devices publishes solid book value factor metrics in this report. Price to book ratio (P/B) now sits at 2.3 and represents a 0.2% change from the previous report. These book value factor numbers show that management has been prudent in focusing on efficient growth. We believe the stock price has room to grow to reflect its intrinsic value accurately. The company's book value factors component, therefore, received a grade of 66. That said, one metric, Liabilities, stood out as strongly negative. At filing, Analog Devices's liabilities were 13700.9, representing a -0.6% change from the previous period. These liabilities metrics show that management has been unsuccessful in encouraging healthy growth while managing liabilities. Discouraging results like these statistically lead to negative movement in stock prices, so we rated their liabilities movement component 62. Therefore, the company's balance sheet earned a grade of 69.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 50,800.7 | -0.8% | 80 |
| Liabilities | 13,700.9 | -0.6% | 62 |
| Price to Book | 2.3 | 0.2% | 66 |
| Cash & Equivalents | 1,737.7 | -2.9% | 66 |
| Equity | 37,099.8 | -0.9% | 66 |
The below chart describes Analog Devices's performance as reflected on its balance sheet with respect to its peers. While Analog Devices received a balance sheet score of 69, the average of its peers stands on 71.0.
- ADI
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 154.5B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 57 | 71 | 96 | 80 | 80 | 82 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 63 | 69 | 87 | 46 | 84 | 76 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 61 | 78 | 96 | 80 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 58 | 56 | 55 | 62 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 71 | 72 | 63 | 41 | 55 | 60 | 6 | 1 |
| Micron Technology, Inc. | 64.6B | 73 | 69 | 85 | 76 | 74 | 81 | 7 | 1 |
| Lam Research Corporation | 60.8B | 72 | 77 | 58 | 51 | 45 | 60 | 8 | 1 |
| KLA Corporation | 49.3B | 75 | 62 | 73 | 53 | 66 | 66 | 9 | 1 |
| NXP Semiconductors N.V. | 40.5B | 71 | 68 | 56 | 62 | 76 | 64 | 10 | 1 |
| Marvell Technology, Inc. | 38.5B | 71 | 84 | 50 | 46 | 51 | 60 | 11 | 1 |
| Microchip Technology Incorporated | 33.0B | 65 | 84 | 76 | 72 | 66 | 79 | 12 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 81 | 65 | 74 | 82 | 74 | 78 | 13 | 1 |
| ON Semiconductor Corporation | 22.9B | 74 | 68 | 77 | 89 | 82 | 81 | 14 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 85 | 64 | 76 | 92 | 80 | 84 | 15 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 77 | 63 | 46 | 52 | 62 | 16 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 77 | 62 | 78 | 96 | 85 | 81 | 17 | 1 |
| Teradyne, Inc. | 15.3B | 49 | 81 | 62 | 45 | 47 | 52 | 18 | 1 |
| Entegris, Inc. | 14.1B | 62 | 70 | 75 | 55 | 78 | 70 | 19 | 1 |
| Qorvo, Inc. | 10.2B | 64 | 83 | 64 | 67 | 55 | 67 | 20 | 1 |
| First Solar, Inc. | 7.2B | 76 | 70 | 50 | 58 | 58 | 59 | 21 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 53 | 79 | 78 | 60 | 64 | 68 | 22 | 1 |
| MKS Instruments, Inc. | 5.8B | 60 | 73 | 73 | 76 | 72 | 70 | 23 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 59 | 45 | 48 | 72 | 24 | 1 |
| Universal Display Corporation | 5.2B | 57 | 76 | 83 | 85 | 69 | 75 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 65 | 78 | 73 | 87 | 82 | 81 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 58 | 65 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 71 | 71 | 79 | 92 | 76 | 81 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 56 | 82 | 58 | 79 | 53 | 61 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 70 | 68 | 75 | 74 | 77 | 75 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 73 | 86 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 69 | 74 | 81 | 76 | 74 | 32 | 1 |
| Semtech Corporation | 3.5B | 58 | 79 | 68 | 67 | 64 | 67 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 65 | 75 | 74 | 38 | 74 | 70 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 84 | 35 | 1 |
| Diodes Incorporated | 3.0B | 47 | 78 | 71 | 51 | 71 | 62 | 36 | 1 |
| SunPower Corporation | 3.0B | 72 | 81 | 42 | 83 | 54 | 61 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 40 | 85 | 60 | 40 | 48 | 54 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 74 | 76 | 39 | 1 |
| Nova Ltd. | 2.7B | 86 | 45 | 75 | 48 | 82 | 61 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 46 | 75 | 74 | 86 | 65 | 64 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 46 | 83 | 60 | 76 | 56 | 58 | 42 | 1 |
| Rambus Inc. | 2.4B | 43 | 83 | 41 | 95 | 54 | 48 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 91 | 54 | 59 | 62 | 62 | 59 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 84 | 71 | 73 | 81 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 78 | 79 | 86 | 88 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 47 | 1 |
| Impinj, Inc. | 1.4B | 63 | 68 | 79 | 39 | 92 | 72 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 56 | 78 | 69 | 48 | 67 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 53 | 82 | 57 | 59 | 58 | 58 | 50 | 1 |
| Photronics, Inc. | 1.2B | 53 | 85 | 66 | 76 | 66 | 69 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 89 | 63 | 75 | 95 | 82 | 86 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 84 | 71 | 41 | 78 | 47 | 58 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 89 | 63 | 68 | 87 | 67 | 77 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 54 | 81 | 63 | 90 | 51 | 63 | 55 | 1 |
| CEVA, Inc. | 778.5M | 81 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 59 | 76 | 66 | 38 | 63 | 60 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 60 | 39 | 97 | 56 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 96 | 63 | 59 | 97 | 55 | 74 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 91 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.6B | 57 | 67 | 66 | 73 | 64 | 59 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 83 | 70 | 67 | 72 | 73 | 78 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 86 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 48 | 54 | 72 | 56 | 55 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 37 | 80 | 80 | 62 | 79 | 67 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 93 | 62 | 85 | 99 | 98 | 98 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 51 | 78 | 42 | 41 | 51 | 42 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 65 | 78 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 92 | 70 | 66 | 45 | 72 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 49 | 82 | 40 | 37 | 52 | 42 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 71 | 66 | 72 | 64 | 86 | 75 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 41 | 86 | 39 | 47 | 54 | 45 | 80 | 1 |
Income Statement Analysis
Overall, Analog Devices's critical income statement metrics appear to strongly support positive growth going forward. In this filing, Analog Devices reported a return on equity (ROE) ratio of 6.7, which represents a change of 28.8%. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. The company's return factors (ROA & ROE) components, therefore, received a grade of 92. Also, Analog Devices's management was effective in improving its EBIDTA, which now sits at 4321.6 and represents a 23.5% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Their EBITDA metrics are even more impressive relative to their peers and competitors, and its likely the stock price has room to grow to reflect its intrinsic value accurately. Consequently, their EBITDA movement received a grade of 91. That said, one metric, Revenue Efficiency, stood out as particularly concerning. Analog Devices's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. As a result, their revenue efficiency earned a score of 40. Therefore, their income statement earned a grade of 65.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 4,321.6 | 23.5% | 91 |
| Total Revenues | 9,754.8 | 15.5% | 40 |
| Return on Equity | 6.7 | 28.8% | 92 |
The below chart describes Analog Devices's performance as reflected on its income statement with respect to its peers. While Analog Devices received a income statement score of 65 , the average of its peers stands on 70.0.
- ADI
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 46 | 83 | 67 | 63 | 0 | 1 |
| Intel Corporation | 154.5B | 90 | 55 | 74 | 76 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 48 | 87 | 78 | 66 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 69 | 78 | 70 | 74 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 72 | 68 | 73 | 72 | 6 | 1 |
| Micron Technology, Inc. | 64.6B | 59 | 87 | 90 | 74 | 7 | 1 |
| Lam Research Corporation | 60.8B | 80 | 64 | 75 | 74 | 8 | 1 |
| KLA Corporation | 49.3B | 56 | 77 | 76 | 67 | 9 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 79 | 90 | 71 | 10 | 1 |
| Marvell Technology, Inc. | 38.5B | 41 | 89 | 87 | 64 | 11 | 1 |
| Microchip Technology Incorporated | 33.0B | 57 | 83 | 92 | 71 | 12 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 50 | 92 | 86 | 70 | 13 | 1 |
| ON Semiconductor Corporation | 22.9B | 53 | 92 | 94 | 73 | 14 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 45 | 90 | 83 | 66 | 15 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 71 | 63 | 70 | 16 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 41 | 70 | 48 | 53 | 17 | 1 |
| Teradyne, Inc. | 15.3B | 88 | 57 | 62 | 75 | 18 | 1 |
| Entegris, Inc. | 14.1B | 56 | 80 | 80 | 69 | 19 | 1 |
| Qorvo, Inc. | 10.2B | 76 | 65 | 63 | 72 | 20 | 1 |
| First Solar, Inc. | 7.2B | 98 | 43 | 40 | 73 | 21 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 54 | 88 | 89 | 71 | 22 | 1 |
| MKS Instruments, Inc. | 5.8B | 78 | 67 | 65 | 74 | 23 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 24 | 1 |
| Universal Display Corporation | 5.2B | 71 | 64 | 61 | 68 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 75 | 93 | 76 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 45 | 91 | 90 | 68 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 80 | 76 | 82 | 80 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 63 | 76 | 77 | 70 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 48 | 69 | 61 | 32 | 1 |
| Semtech Corporation | 3.5B | 64 | 84 | 87 | 75 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 74 | 77 | 72 | 76 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 35 | 1 |
| Diodes Incorporated | 3.0B | 66 | 83 | 86 | 76 | 36 | 1 |
| SunPower Corporation | 3.0B | 49 | 43 | 74 | 49 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 54 | 83 | 78 | 72 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 39 | 1 |
| Nova Ltd. | 2.7B | 41 | 89 | 78 | 69 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 56 | 89 | 79 | 72 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 73 | 82 | 85 | 79 | 42 | 1 |
| Rambus Inc. | 2.4B | 48 | 86 | 60 | 64 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 73 | 76 | 53 | 72 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 61 | 60 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 47 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 51 | 59 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 53 | 49 | 75 | 50 | 1 |
| Photronics, Inc. | 1.2B | 55 | 86 | 92 | 71 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 87 | 66 | 65 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 62 | 75 | 76 | 69 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 49 | 95 | 88 | 71 | 55 | 1 |
| CEVA, Inc. | 778.5M | 51 | 90 | 97 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 72 | 60 | 54 | 67 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 37 | 95 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.6B | 40 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 38 | 89 | 82 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 88 | 43 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 37 | 46 | 71 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 56 | 44 | 74 | 53 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 92 | 43 | 69 | 72 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 37 | 45 | 72 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 50 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 97 | 50 | 85 | 79 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 54 | 86 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Two main cash flow metrics, Asset Turnover and Net Cash Flow, are driving the positive outlook for Analog Devices's financial strength. Analog Devices is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.3, representing a 15.9% change from the previous period. Companies in the same sector and market capitalization will usually be affected by up to 10.7 percent by this parameter. Their impressive asset turnover metrics, specifically in contrast to their industry peers' performance, should support a tailwind in the company's stock price. Therefore, its asset turnover movement earned a score of 94. Also, Analog Devices's strong net cash flow numbers, which were 432.5 in this filing, showed a -41.7% change from the last period. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. Hence, its net cash flow earned a score of 78. That said, one metric, Capital Expenditure, stood out as particularly concerning. Analog Devices's management was ineffective in materially improving CapEx, which now sits at -411.3 and represents a -16.9% change from the previous report. This performance is all the more uninspiring relative to their peers and competitors. Its CapEx movement, therefore, received a grade of 51. Its cash flow received an overall score of 84.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | 432.5 | -41.7% | 78 |
| Capital Expenditure | -411.3 | -16.9% | 51 |
| Asset Turnover | 0.3 | 15.9% | 94 |
| Free Cashflow | 6.7 | 6.0% | 76 |
The below chart describes Analog Devices's performance as reflected on its cash flow with respect to its peers. While Analog Devices received a cash flow score of 84, the average of its peers stands on 70.0.
- ADI
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 154.5B | 58 | 72 | 68 | 53 | 58 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 65 | 65 | 70 | 87 | 77 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 74 | 74 | 63 | 69 | 70 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 75 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Micron Technology, Inc. | 64.6B | 81 | 85 | 81 | 74 | 80 | 7 | 1 |
| Lam Research Corporation | 60.8B | 72 | 60 | 56 | 75 | 69 | 8 | 1 |
| KLA Corporation | 49.3B | 70 | 76 | 52 | 79 | 74 | 9 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 72 | 51 | 85 | 73 | 10 | 1 |
| Marvell Technology, Inc. | 38.5B | 94 | 84 | 58 | 46 | 65 | 11 | 1 |
| Microchip Technology Incorporated | 33.0B | 80 | 79 | 48 | 84 | 79 | 12 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 54 | 86 | 45 | 64 | 63 | 13 | 1 |
| ON Semiconductor Corporation | 22.9B | 60 | 79 | 55 | 74 | 70 | 14 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 84 | 78 | 59 | 74 | 77 | 15 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 78 | 57 | 79 | 73 | 71 | 16 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 46 | 38 | 55 | 52 | 43 | 17 | 1 |
| Teradyne, Inc. | 15.3B | 75 | 65 | 66 | 68 | 68 | 18 | 1 |
| Entegris, Inc. | 14.1B | 61 | 57 | 50 | 76 | 65 | 19 | 1 |
| Qorvo, Inc. | 10.2B | 78 | 65 | 87 | 71 | 73 | 20 | 1 |
| First Solar, Inc. | 7.2B | 47 | 85 | 56 | 46 | 53 | 21 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 79 | 77 | 43 | 82 | 77 | 22 | 1 |
| MKS Instruments, Inc. | 5.8B | 58 | 58 | 92 | 56 | 59 | 23 | 1 |
| Silicon Laboratories Inc. | 5.3B | 71 | 89 | 81 | 87 | 86 | 24 | 1 |
| Universal Display Corporation | 5.2B | 75 | 81 | 68 | 65 | 71 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 66 | 68 | 80 | 74 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 59 | 68 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 85 | 62 | 98 | 55 | 66 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 88 | 77 | 64 | 82 | 82 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 46 | 57 | 62 | 71 | 60 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 90 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 56 | 56 | 77 | 56 | 56 | 32 | 1 |
| Semtech Corporation | 3.5B | 79 | 78 | 58 | 79 | 77 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 46 | 78 | 54 | 78 | 68 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 67 | 35 | 1 |
| Diodes Incorporated | 3.0B | 77 | 61 | 52 | 80 | 72 | 36 | 1 |
| SunPower Corporation | 3.0B | 84 | 41 | 39 | 93 | 74 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 63 | 53 | 46 | 85 | 61 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 39 | 1 |
| Nova Ltd. | 2.7B | 58 | 53 | 39 | 58 | 54 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 84 | 95 | 45 | 75 | 79 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 93 | 81 | 83 | 74 | 82 | 42 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 88 | 89 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 69 | 70 | 74 | 66 | 71 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 84 | 82 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 77 | 66 | 47 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 61 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 62 | 71 | 44 | 59 | 50 | 1 |
| Photronics, Inc. | 1.2B | 65 | 92 | 96 | 79 | 82 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 85 | 95 | 53 | 62 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 74 | 82 | 48 | 69 | 71 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 49 | 64 | 45 | 60 | 54 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
| CEVA, Inc. | 778.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 51 | 37 | 87 | 70 | 58 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 77 | 64 | 41 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.6B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 94 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 68 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 61 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 50 | 63 | 67 | 87 | 71 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 48 | 76 | 51 | 60 | 58 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 53 | 89 | 90 | 47 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 79 | 72 | 66 | 47 | 60 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 49 | 74 | 89 | 77 | 72 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 81 | 88 | 96 | 95 | 88 | 80 | 1 |
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