← Back

Diodes Incorporated

Diodes Incorporated, together with its subsidiaries, provides semiconductor products in Asia, the Americas, and Europe. The company offers MOSFET and SiC MOSFET discrete semiconductor products; data line protection, power line protection, thyrister, USB Type-C protection, and transient voltage suppressor protection devices; Schottky diodes, small signal switching diodes, Zener diodes, and SiC diodes; and bridges, super barrier rectifiers, Schottky rectifiers, Schottky bridge rectifiers, and fast and ultra-fast rectifiers. It also provides avalanche transistors, gate driver transistors, and pre-bias transistors; power management devices, such as AC-DC and DC-DC converters, digital isolators and isolated gate drivers, USB power switches, low dropout, photocoupler, and linear voltage regulators; standard linear devices, such as operational amplifiers and comparators, current monitors, voltage references, and reset generators; LED lighting drivers; audio amplifiers; and sensor products, including Hall-effect sensors and motor drivers. In addition, the company offers mixed-signal products comprising high speed mux/demux, digital switches, interface, redrivers, universal level shifters/voltage translators, clock ICs, and packet switches; low-voltage complementary metal-oxide-semiconductor (CMOS) and CMOS devices, as well as ultra-low power CMOS logic and analog switches; and multichip products, co-packaged discrete, analog, and mixed-signal silicon in miniature packages. Further, it provides silicon and silicon epitaxial wafers; frequency control products; and contact image sensors. The company serves industrial, automotive, computing, consumer, and communications end-markets through direct sales, marketing personnel, independent sales representatives, and distributors. Diodes Incorporated was incorporated in 1959 and is headquartered in Plano, Texas.

Price · split & dividend adjusted
News & notes moving DIOD
DIOD▼

Diodes Incorporated prices $325 million convertible senior notes offering

Diodes Incorporated has priced a private placement of $325 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031. The company also granted initial purchasers a 13-day option to buy up to an additional $50 million of the notes, with closing expected on August 18, 2026. Net proceeds are estimated at approximately $315.9 million, or $364.6 million if the option is fully exercised, after deducting discounts, commissions, and offering expenses. Diodes plans to use about $19.0 million of the proceeds to pay for capped call transactions and $35.0 million to repurchase roughly 0.36 million shares of its common stock at $97.19 per share, with the remainder for general corporate purposes including potential acquisitions. The notes mature on August 15, 2031, have an initial conversion rate of 6.8594 shares per $1,000 principal amount, equivalent to a conversion price of about $145.79 per share, a 50.0% premium over the last reported sale price of $97.19 on August 13, 2026.
DIOD ▼
Business Wire·12dRead more ▾
Semiconductors▲2

Diodes guides Q3 revenue to about $510 million with 35% gross margin and advances ElevATE acquisition

Diodes Incorporated guided third-quarter revenue to approximately $510 million, plus or minus 3%, with a GAAP gross margin of 35%, plus or minus 1%, as it advances its proposed acquisition of ElevATE Semiconductor. Chief Financial Officer Brett Whitmire reported second-quarter revenue of $445.5 million and gross margin of 33.1%, while President and CEO Gary Yu said the ElevATE deal is immediately accretive and expected to add about $50 million of revenue in the first 12 months post-close, with gross margin significantly higher than Diodes’ corporate average. Yu also noted that automotive revenue reached a record 21% of product revenue in the second quarter, and Senior Vice President Emily Yang said channel inventory decreased again, falling below the normal range of 11 to 14 weeks. The company projected non-GAAP adjusted earnings per share of $1.05, plus or minus $0.10, for the third quarter.
DIOD ▲
Semiconductors
Seeking Alpha·21dRead more ▾
Semiconductors▲

Diodes Upgraded to Zacks Rank #2 on Rising Earnings Estimates

Diodes has been upgraded to a Zacks Rank #2, or Buy, reflecting an upward trend in earnings estimates. The Zacks Consensus Estimate for the semiconductor components maker has increased 14.7% over the past three months, with analysts now expecting earnings of $2.58 per share for the fiscal year ending December 2026. The upgrade places Diodes in the top 20% of Zacks-covered stocks, a group that has historically generated market-beating returns. The change in earnings outlook is seen as a positive signal for the company's underlying business and could drive the stock higher in the near term.
DIOD ▲
Semiconductors
Zacks Investment Research·56dRead more ▾
Artificial Intelligence

AXT vs. Diodes: Which Emerging Chip Stock Looks More Attractive in 2026?

AXT and Diodes are both benefiting from the AI-driven semiconductor upcycle, but AXT's direct exposure to hyperscale AI infrastructure makes its long-term story more compelling. AXT's first-quarter revenues grew 39% year over year to $26.9 million, with Indium Phosphide revenues of $13.6 million driven by optical transceivers for AI data centers, and management disclosed a record backlog exceeding $100 million. Diodes reported first-quarter revenues up 22% to $405.5 million, with automotive and industrial accounting for 44% of product revenues, though its diversified model yields more moderate growth. AXTI trades at a forward price-to-sales ratio of 29.5X, well above the industry average of 9.95X, while DIOD trades at 3.17X. Despite the premium valuation, AXT's aggressive capacity expansion and direct AI leverage position it as the more attractive emerging semiconductor stock.
AXTI ▲DIOD
Artificial Intelligence ▲Semiconductors ▲
Zacks Investment Research·62dRead more ▾
© 2026 MarketDXAsset