Analog Devices

High-performance analog, mixed-signal and power chips

Overview

Analog Devices designs, manufactures, tests and markets integrated circuits, software and subsystems built on analog, mixed-signal and digital signal processing technology, including data converters, amplifiers, power management and radio-frequency chips[39]. Revenue for fiscal 2025, which ended on 1 November 2025, was US$11,020 million, up 17%[39]. ADI was incorporated in Massachusetts in 1965 and has its head office in Wilmington, Massachusetts; it is listed on Nasdaq[39]. It had approximately 24,500 employees, about 13,000 of them in engineering roles[39]. The 10-K frames its strategy around what it calls the Intelligent Edge, combining sensing, edge computing, AI and connectivity[39].

Analog Devices strengths and limitations

Strengths

  • Sales growth of 25.9%
  • Profit margin of 23%
  • Market value above US$200bn

Limitations

  • Smaller than Texas Instruments
  • Exposure to industrial cycle
  • Fell two places

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