8-K filing — ANALOG DEVICES INC (ADI)
Filed: 2026-09-17 AccNo: 0001193125-26-394361 Size: 717 KB Item 1.01: Entry into a Material Definitive Agreement Item 9.01: Financial Statements and Exhibits
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Filed: 2026-09-17 AccNo: 0001193125-26-394361 Size: 717 KB Item 1.01: Entry into a Material Definitive Agreement Item 9.01: Financial Statements and Exhibits
Forgent Power Solutions (FPS) reported 94% revenue growth in Q4 fiscal 2026 to $462 million, driven by custom products and Powertrain Solutions for data center customers. The company achieved record bookings of $1.50 billion and backlog of $3.02 billion with a 3.3x book-to-bill ratio. FPS projects fiscal 2027 revenues of $2.4-$2.6 billion with 76% growth and is expanding capacity with a $35 million Powertrain Solutions facility investment.
Texas Instruments' data center revenues doubled year-over-year in Q2 2026, driven by AI infrastructure spending. The company expects to outgrow the data center market in 2026, supported by R&D investments, manufacturing capacity, and the shift toward 800-volt architectures that increase chip content. Competitors Analog Devices and ON Semiconductor also show strong data center growth, though TXN's broad analog portfolio and capacity position provide competitive advantages.
BofA calls AI slowdown fears “noise,” arguing competition could drive AI spending beyond $3 trillion and lift eight battered chip stocks.
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