Analog Devices stock sits out chip surge as AI-spending nerves keep traders jumpy
Analog Devices shares slipped less than 0.1% to $322.04 Friday, lagging a 5% surge in semiconductor ETFs as chip stocks rebounded with the broader market. About 3.1 million ADI shares traded. Investors are awaiting delayed U.S. jobs data next week and Analog Devices’ earnings on Feb. 18.