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Wilmington, Massachusetts-based Analog Devices, Inc. (ADI) designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. Valued at a market cap of $108.2 billion, the company offers amplifiers and comparators, analog to digital converters, video encoders and decoders, embedded processing products, and DSPs, to name a few.
Companies valued at $10 billion or more are generally described as “large-cap” stocks and Analog Devices fits right into that category. The semiconductor company specializes in data conversion, signal processing, and power management technology and caters to a wide range of industries, including 5G communications, remote healthcare, electric vehicles, and ocean and climate research.