Analog Devices (ADI) vs. TXN and ON: Can AI Infrastructure and Acquisitions Drive Its Next Growth Phase?

Is ADI a good stock to buy? We came across a bullish thesis on Analog Devices, Inc. on Astute Optics – US’s Substack. The thesis was published on September 11^th, when the stock was trading at $378.78, and ADI gained more than 7% since then. The gain appears to reflect improving earnings expectations, supported by recovering industrial demand and expanding AI data center activity across power and optical applications. In this article, we will summarize the bulls’ thesis on ADI. Analog...