Analog Devices Profit, Revenue Up on Surging AI Data Center Demand

The semiconductor company reported higher profit and revenue in its third quarter driven by accelerating demand for data center hardware and industrial chips.

The semiconductor company reported higher profit and revenue in its third quarter driven by accelerating demand for data center hardware and industrial chips.

On August 17, Nvidia (NASDAQ:NVDA) agreed to guarantee up to $105 billion to help OpenAI lease a massive data center in Pike County, Ohio, being developed by SoftBank-owned SB Energy. The site could reach 8 gigawatts of capacity, with the first 800 megawatts …

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