Analog Devices says working to restore supply-demand balance after weak forecast
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Analog Devices' fourth-quarter forecasts disappoint as consumer demand weakensAnalog Devices forecast fourth-quarter revenue below Wall Street targets on Wednesday, in a sign that the chip industry inventory glut, fueled by weak consumer demand, might prevent fresh orders from flowing in.
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Cramer warns: 'There are semis that aren't hitting it out of the park,' including this stockWeakness in Analog Devices' consumer business contributed to missed quarterly results and light guidance.
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Analog Devices Stock Sinks on Weak Outlook. It’s Bad News for Chip Stocks.Analog Devices shares dropped on Wednesday after its quarterly guidance missed analysts' expectations. Other semiconductor companies with big industrial and...
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Analog Devices stock slides as earnings fall short and company says it faces ‘near-term turbulence.’Analog Devices Inc. stock was down nearly 8% in premarket trades Wednesday after the chip maker’s adjusted third-quarter profit missed Wall Street estimates....
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