Shares of semiconductor companies are trading lower amid sympathy with Taiwan Semiconductor, as capex concerns weigh on further upside for the industry due to high spending to accommodate new orders. Investors may be concerned that growing capital expenditures may hurt margins

Analog Devices To Rally Around 81%? Here Are 10 Top Analyst Forecasts For Monday

Top analysts change outlook on top names. See all rating changes, including upgrades/downgrades, on analyst ratings page. Follow other analysts.

Baird Maintains Outperform on Analog Devices, Raises Price Target to $675

Consumer Tech (Aug 17-21): Walmart & Alibaba Posts Earnings, Trump Targets U.S. Space Launch Growth & More

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BMO Capital Initiates Coverage On Analog Devices with Outperform Rating, Announces Price Target of $430

BMO Capital analyst Harsh Kumar initiates coverage on Analog Devices (NASDAQ:ADI) with a Outperform rating and announces Price Target of $430.

Shares of semiconductor companies are trading lower amid concerns that OpenAI's Q2 earnings may weigh on AI growth. Today's Fed minutes revealed that many participants assessed that higher rates would likely be necessary if inflation did not fall.

Shares of semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.