35 Most Important AI Stocks for 2025 According to JPMorgan

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24. Analog Devices, Inc. (NASDAQ:ADI)

Number of Hedge Fund Holders: 63 

Analog Devices, Inc. (NASDAQ:ADI) designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. In January 2024, ADI partnered with SambaNova Systems to deploy the SambaNova Suite, aiming to integrate generative AI capabilities across its enterprise operations. This collaboration focuses on enhancing customer engagement by streamlining access to extensive data resources, thereby improving field sales and support. Financially, ADI reported better-than-expected fiscal fourth-quarter earnings in November 2024, driven by increased demand for automotive chips. The company posted adjusted earnings per share of $1.67, surpassing the anticipated $1.64. Revenue, although declining by 10% year-over-year to $2.44 billion, exceeded forecasts. Chief Financial Officer Richard Puccio noted that automotive orders regained momentum in Q4 after a dip in Q3 bookings. Despite revenue challenges in fiscal 2024, CEO Vincent Roche expressed cautious optimism for fiscal 2025, anticipating a strong growth year.

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