ADI forecasts $4.3 billion in Q4 revenue, driven by energy management hardware for AI infrastructure growth.
Analog Devices (NASDAQ: ADI) reported a 40% year-over-year revenue increase in its fiscal Q3, fueled by demand for power management hardware in AI data centers. The company’s Data Center and Industrial segment led growth, with CEO Vincent Roche citing strong customer collaboration and rising AI-driven orders.
The company’s fiscal Q4 guidance projects revenue of $4.3 billion at the midpoint, implying another 40% annual gain. ADI’s role in connecting power to AI infrastructure positions it for sustained growth, aligning with industry forecasts of a 31% CAGR for AI through 2033.
ADI’s hardware ensures safe electricity distribution to servers, addressing overheating risks in high-performance data centers. The company’s dual exposure to AI chips and power infrastructure underpins its revenue outlook beyond fiscal 2026.