Analog Devices tumbles after weak Q3 forecast rattles investors (ADI)


Analog Devices headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

Analog Devices (NASDAQ:ADI) fell more than 8% in early trading on Wednesday after the semiconductor equipment company forecast weaker-than-expected results for the upcoming quarter.

Looking to the third-quarter, Analog Devices (ADI) expects sales to be between $3B and $3.2B, with the mid-point below the $3.16B

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