The Latest Breaking News from Analog

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Analog Devices is expected to unveil its third-quarter results in the upcoming month, and analysts expect a significant growth in earnings.

For investors looking to tap into seasonal trends, one analyst says the time to scoop up this semiconductor stock is right now.

Designed in collaboration with Analog Sweden and Albert Nyström, Crum2 is an update to Nyström's Crum Drum

UBS analyst Pradeep Ramani upgraded Microchip Technology Inc (NASDAQ:MCHP) to Buy from Neutral with a price target of $92, up from $82, suggesting an upside of 21.5%. The analyst states that the Analog cycle is transitioning to the inventory build phase. However, it still "has legs" at least through 2022 and likely into the first…

STMicroelectronics NV (NYSE:STM) reported fourth-quarter FY21 revenue growth of 9.9% year-on-year to $3.56 billion, beating the consensus of $3.46 billion. Sales to OEMs remain unchanged, and Distribution sales improved 38.7% Y/Y. Automotive and Discrete Group (ADG) revenue rose 28.6% Y/Y to $1.23 billion. Analog, MEMS, and Sensors Group (AMS) revenue declined 11.2% Y/Y…