AI data centers drive surging demand for power management chips! Analog Devices (ADI.US) achieves record Q3 revenue, Q4 outlook exceeds expectations

According to Zhitong Finance APP, during a week when the Philadelphia Semiconductor Index was under pressure due to soaring long-term interest rates, global analog chip giant Analog Devices (ADI.US) delivered an earnings report that beat expectations across the board, providing further evidence that the logic of AI computing power expansion is spreading to a wider industry chain. Before the market opened on Wednesday, Analog Devices released its financial report for the third quarter of fiscal year 2026 ending August 1, with revenue surpassing the $4 billion mark for the first time. All key performance indicators exceeded Wall Street expectations, and the company's guidance for the fourth quarter was far above market consensus.