NEW YORK, December 29, 2025, 00:40 ET — Market closed
- Analog Devices ended the last session down 0.3% at $276.84, lagging a mixed chip sector.
- Investors head into the final week of 2025 focused on the Federal Reserve’s meeting minutes due Tuesday.
- Fresh reads on chip demand, including South Korea’s December trade report on Jan. 1, are in focus.
Analog Devices shares closed down 0.3% at $276.84 in the most recent session, as investors headed into a holiday-shortened week with the Federal Reserve’s December meeting minutes due Tuesday. [1]
The stock’s positioning matters now because year-end trading volumes are typically thin, and macro headlines can move rate expectations quickly. Chipmakers, including analog chip firms, often trade with shifts in borrowing-cost assumptions because investors treat them as sensitive to the economic cycle. [2]
Minutes from the Fed’s last policy meeting — the detailed account of the discussions behind its rate decision — are due Tuesday, with markets watching for clues on how soon officials may ease again. Reuters reported traders have been pricing in more rate cuts in 2026 than the Fed’s latest projections implied. [3]
Within semiconductors, exchange-traded funds were mixed at the last close, with the VanEck Semiconductor ETF up 0.5% while the iShares Semiconductor ETF was little changed. Texas Instruments slipped 0.1% and Microchip Technology fell 0.7% in the same session.
Analog Devices makes analog and mixed-signal chips used in applications such as industrial equipment, communications systems and other electronics, which can make demand sensitive to shifts in capital spending. [4]
“Markets will scour the minutes for deeper insights into the committee debates on the balance of risks and the timing of future easing,” Tony Sycamore, market analyst at IG, said. [5]
Investors are also watching global signals on semiconductor demand after a Reuters poll showed South Korean exports were expected to rise 9% year-on-year in December, led by chips tied to artificial intelligence-related demand. South Korea is scheduled to report the trade figures on Jan. 1. [6]
For Analog Devices, the latest major company catalyst remains its late-November results and outlook, when the company forecast first-quarter revenue and profit above analysts’ estimates on resilient demand and said it was seeing strength in bookings. [7]
The next scheduled catalyst for the company is its upcoming earnings report, though the firm has not confirmed a date. Nasdaq and Zacks list Feb. 18, 2026 as an estimate for the next report. [8]
Before the next session, traders will key on U.S. economic data due Monday and Tuesday and how it shapes expectations for interest rates and growth. A Barron’s preview flagged pending home sales on Monday and the Fed minutes on Tuesday among the events on the docket. [9]
Investors will also navigate another holiday week, with U.S. markets set to close for New Year’s Day. Low liquidity around holidays can amplify moves in heavily traded sectors such as technology and semiconductors. [10]
On the technical side, Analog Devices traded between $275.96 and $278.50 in the latest session, leaving the stock hovering near the middle of its recent range going into Monday’s open.
Beyond the macro calendar, chip investors will be watching for any new signals on factory and automotive demand — key end-markets for analog chips — alongside broader sentiment around AI-linked spending, which has supported technology shares. [11]
References
1. www.barrons.com, 2. www.reuters.com, 3. www.reuters.com, 4. www.reuters.com, 5. www.reuters.com, 6. www.reuters.com, 7. www.reuters.com, 8. www.nasdaq.com, 9. www.barrons.com, 10. www.barrons.com, 11. www.reuters.com
