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With a market cap of $204.9 billion, Analog Devices, Inc. (ADI) is a global semiconductor company that designs, manufactures, and markets integrated circuits, software, and subsystems used to convert, manage, and process real-world signals. Its products serve a wide range of industries including industrial, automotive, communications, aerospace, defense, and healthcare across markets worldwide.
Shares of the Wilmington, Massachusetts-based company have surpassed the broader market over the past 52 weeks. ADI stock has surged 91.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.4%. Moreover, shares of the company are up 60.1% on a YTD basis, compared to SPX's 8.7% gain.
