Today: 29 June 2026
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NASDAQ:ADI 1 February 2026 - 20 May 2026

Analog Devices heads into AI test after record quarter, $1.5 billion deal

Analog Devices heads into AI test after record quarter, $1.5 billion deal

Analog Devices gave an upbeat revenue forecast Wednesday and said it would buy Empower Semiconductor for $1.5 billion in cash. The guidance came in ahead of Wall Street targets and the deal adds to signs the AI push is moving into power chips and sensors too. Timing is a big deal here. AI data centers need more than just graphics chips—they also depend on power-management semiconductors, the chips that handle and convert power inside electronics. Analog Devices is looking to move more of this core technology to big cloud and chip clients.
20 May 2026
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Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Inc. shares moved higher after the bell on Tuesday. The chipmaker said it’s buying Empower Semiconductor in a $1.5 billion cash deal. ADI had slipped 1.02% to $414.31 by the close, but after hours the stock was up 1.36% at $419.95. That comes just ahead of the company’s quarterly report. After-hours trading refers to trading that happens after the regular U.S. market session. ADI gets another opening in AI infrastructure with the deal, an area where power delivery is turning into a top concern along with computing. Power-management chips control the way electricity flows inside hardware. ADI said Empower’s tech pushes power conversion closer to the processor, which means a shorter route and better efficiency.
20 May 2026
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Stock Market Today

  • S&P/TSX Falls Over 200 Points as Base Metals Dip; U.S. Stocks Gain
    June 29, 2026, 12:53 PM EDT. Canada's S&P/TSX composite index dropped 217.71 points to 34,762.29, pressured by declines in the base metals sector. Contrasting the Canadian market, U.S. stock indexes advanced: the Dow Jones rose 196.14 points to 52,072.25, the S&P 500 increased 42.30 points to 7,396.32, and the Nasdaq gained 276.12 points to 25,573.74. The Canadian dollar slipped to 70.38 U.S. cents from 70.49. Commodity prices diverged with August crude oil rising US$1.20 to US$70.43 per barrel, while August gold fell US$58.90 to US$4,037.40 an ounce. The movement signals sector-specific pressures in Canada amid broader U.S. market strength.
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