Why Analog Devices Stock Cranked More than 2% Higher Today
Source: Motley Fool
2025-06-10 18:31:48 ET
A positive note from an analyst on Analog Devices ' (NASDAQ: ADI) niche in the chip sector sent the company's stock skyward on Tuesday. With that wind under its feet, Analog Devices floated to a more than 2% gain that trading session, easily topping the 0.6% bump of the S&P 500 (SNPINDEX: ^GSPC) .
That note was authored by Bernstein 's Qingyuan Lin, who addressed rumors in the market that Texas Instruments was planning to hike prices.
Image source: Getty Images.
Analog Devices Inc.
NASDAQ: ADI
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ADI Stock Data
$159,146,333,392
488,628,595
0.04%
1070
N/A
Semiconductors and Equipment
Technology
US
Wilmington
