ADI Communications Revenue Jumps 84% on AI Data Center Demand

EarningsProduct / TechAnalyst Impact 4
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Analog Devices' Communications end market reached $655 million in fiscal third-quarter 2026, up 18% sequentially and 84% year over year, accounting for approximately 16% of ADI's total quarterly revenues. Data Center now represents 80% of ADI's Communications revenue, with sales growing more than 100% year over year in both optical and power, while wireless revenues rose more than 25% year over year on a cyclical recovery. The company expects optical circuit switching revenues to approximately double in fiscal 2026, with similar growth targeted for fiscal 2027, as networks move from 800 gigabits toward 3.2 terabits per second. The completed Empower Semiconductor acquisition adds integrated voltage regulation and high-density power technology, expanding ADI's content across the grid-to-chip architecture. ADI faces competition from Marvell Technology and Astera Labs in the AI connectivity space, and shares have gained 39.7% year to date, with the Zacks Consensus Estimate for fiscal 2026 earnings implying year-over-year growth of 66.4%.

Impact on stocks 4

Artificial Intelligence▲ · 2 stocks
Semiconductors▲ · 1 stocks
Analog Devices Inc
ADI
▲ PositiveDemandrelevance

ADI's Communications revenue jumped 84% YoY to $655M on AI data center demand, with Data Center now 80% of Communications revenue.

Others▲ · 1 stocks

Theme Impact 4

Off-coverage companies 1

Empower SemiconductorPrivate▲ Positive
Capitalrelevance

ADI completed the Empower Semiconductor acquisition, adding integrated voltage regulation and high-density power technology to its portfolio.

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