Analog Devices stock jumps 6% as chip index hits a record; traders refocus on analog demand
New York, Jan 6, 2026, 20:47 EST — Market closed Analog Devices (ADI) shares jumped 5.6% to $292.94 on Tuesday, ending near the day’s high after touching $294.04. The stock swung between $277.27 and $294.04, setting near-term support around $277 and resistance near $294, with about 6.4 million shares traded. The move came as chip stocks pushed higher on renewed…