New York, Feb 7, 2026, 19:28 EST — Market closed.
- Analog Devices director Ray Stata unloaded 6,250 shares on Feb. 4 and 5, according to a Form 4. The sale, carried out under a Rule 10b5-1 plan, landed at prices between $312.70 and $326.59 per share. 1
- U.S. payrolls (Employment Situation) drops Wednesday, Feb. 11, with January CPI numbers set for Friday, Feb. 13 — both releases hit at 8:30 a.m. ET. 2
- Analog Devices plans to release its fiscal first-quarter earnings this Wednesday, Feb. 18, at 7:00 a.m. ET. A conference call is set for 10:00 a.m. ET that same morning. 3
Analog Devices shares slipped to $320.45 in the last session, off roughly 0.5% from their previous close as U.S. markets approached the weekend.
The slight drop is notable, largely because semiconductor stocks have gotten twitchy—one day, investors pile into AI-adjacent names, the next, they pull back. Analog Devices (ADI) is caught in the crosscurrent: its chips don’t just power data centers, but also find their way into factories, vehicles, and instrumentation—places less flashy, but no less critical.
U.S. stocks jumped Friday, with chipmakers out front, as major cloud players detailed fresh rounds of capital spending—fuel for new chip demand. “This trade has been volatile,” said Ross Mayfield, investment strategy analyst at Baird, noting that the bid often pops up following steep selloffs in the AI space. 4
Nvidia CEO Jensen Huang stoked the frenzy, telling CNBC that demand was “going through the roof,” Investopedia reported, as investors scrambled to gauge where the next round of AI infrastructure spending might land. 5
Analog-heavy names split. Texas Instruments slipped around 1.2% last session. NXP Semiconductors, though, tacked on close to 1%.
Even so, the real focus for ADI this week isn’t where shares finished on Friday. What matters is whether the upcoming results and guidance offer any signal that industrial demand is starting to even out—and that customers are actually burning through inventories instead of just delaying new orders.
Next week brings more tech earnings for the group to digest. Applied Materials is set to release results between Feb. 9 and 13. Investors tend to key in on what the company says about orders and customer spending—it’s widely seen as a litmus test for the semiconductor supply chain. 6
Here’s the risk: Should U.S. jobs or inflation numbers prompt a rethink on rates, chip stocks—already trading at high valuations—could tumble quickly. Any renewed doubt about the payoff from AI spending, and this sector’s rally could evaporate just as fast.
Analog Devices is back on the tape Monday. U.S. data drops midweek, with ADI’s results and guidance lined up for Feb. 18.
