ADIAnalog Devices, Inc.

“The extreme power density of Empower's platforms eliminates customers' needs for bulky external components, shrinks their power footprint by up to 4x, slashes their data center compute power consumption by an estimated 10% to 15% and delivers the ultra-fast transient response required by volatile AI workloads. This transaction will expand ADI's total addressable market within the hypergrowth AI accelerator space and further solidify our position as an indispensable hardware partner in the drive for maximum compute density per server rack.”

“as I mentioned, with the data center piece being 75% of our comms and the 90% growth, actually, that is being fueled pretty much equally by similar growth rates across both the power and optical portfolios. So those are both continuing to trend very well with strong orders and strong results in the quarter. And given the momentum we're seeing, we really do expect this to continue to increase and be the fastest growing sequentially for us as we look out into the next quarter.”

“Data center, which now accounts for more than 75% of our communications revenue was up more than 90% year-over-year, driven by both our optical and power portfolios.”

“the biggest bottleneck that AI is creating for us today is we've got to solve for power density and delivery efficiency. And we have to move closer to the core of the problem, which is down at the XPU, the GPU, the CPU and so on and so forth. And as I said, time is of the essence. And we bought some -- we're buying some critical and very, very unique intellectual property, the integrated voltage regulator and the capacitor technology. These are critical building blocks and essential for ADI to solve our problem -- to solve our customers' problems on time and be able to catch the wave.”

“we inherit a fairly small amount of revenue. So it's kind of in the post-revenue phase, but '27 is when we expect to start seeing the surge in demand. There's a lot of design-ins in train at this point in time. The combination of Empower with ADI's large manufacturing and go-to-market capabilities will enable us to get to more places more quickly and get into production much, much faster. So I think you'll -- we'll see revenue -- significant revenue in 2027.”

“our data center and ATE businesses are taking advantage of strong AI-driven infrastructure investments to achieve new highs. These 2 businesses are on steep growth trajectories. And as we move through 2026, our confidence in their continued growth into '27 is increasing.”

“our robust R&D investments across core Analog segments as well as digital, software and AI form the foundation for our growing criticality to our customers. They also enable us to pursue areas that we believe offer the greatest future growth potential for ADI, namely AI-driven computing and connectivity, autonomy, proactive health care, sustainable energy transition and immersive consumer experience.”

“our technology helps customers upgrade electrical infrastructure, ingest and manage the intermittency of renewable resources and smooth the energy demand spikes from applications like EVs, AI and so on and so forth.”

“ETM supports end-to-end product development and delivery from R&D prototyping, debugging and validation, all the way through mass production in areas such as AI, EVs and secure communications, for example.”

“we continue to see constructive demand signals in our order book and backlog, particularly in industrial, AI-related applications and automotive.”