Analog Devices (ADI) is plugged directly into the infrastructure powering the AI wave.
Today, the company’s AI story has shifted from vague thematic exposure to concrete, measurable demand
Hyperscalers are building at a record pace, and ADI’s optical and power components are foundational to that buildout. Analog Devices’ CEO, Vincent Roche, had a strong message about the demand for AI infrastructure that the company is seeing. What he’s seeing can have rippling effects across the entire AI industry.
AI infrastructure is changing ADI’s narrative ADI reported Q2 revenue of $3.62 billion, a record, finishing above the high end of guidance while growing 37% year over year. The breakdown told the real story. Data center now accounts for more than 75% of Communications revenue after growing more than 90% year over year, driven by both optical and power portfolios.