After Record Performance, CEO Sells Shares Worth 30 Billion Won in U.S. Semiconductor Stock

Analog Devices, Inc. (ADI) reported record fiscal 2026 second-quarter revenue of $3.62 billion (approximately KRW 4.8 trillion), a 37% year-over-year increase, driven by continued strength in its industrial and communications B2B markets. The company also delivered significant gains in earnings per share and cash generation.

For the third quarter, ADI projects revenue of about $3.9 billion (roughly KRW 5.3 trillion) and an operating margin near 40%, reflecting sustained robust demand. It declared a quarterly dividend of $1.10 per share, maintaining its shareholder-return policy.

Chairman and CEO Vincent Roche exercised stock options twice in May and sold a large block of shares, securing about $25 million in liquidity, while retaining a multimillion-dollar equity stake.

To bolster its power-semiconductor portfolio for AI data centers, Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash (around KRW 2 trillion).

On May 21, the company will participate in the Bank of America Global Technology Conference to present its AI, power-management and other core strategies directly to institutional investors.

Headquartered in Wilmington, Massachusetts, Analog Devices is a leading supplier of analog and mixed-signal semiconductors—including data-conversion, signal-processing and power-management chips—to the industrial, automotive, communications and data-center markets. Its high-performance analog and power-management technologies have become essential in the expansion of AI servers and telecom infrastructure, fueling broad demand across the semiconductor industry.