Analog Devices Inc
ADIQ2 2024Estimated2% AI
AI Revenue %
2%
AI Fair Value
$1.6B
AI Revenue (Q)
$43.2M
Total Revenue (Q)
$2.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2024 (ended May 4, 2024) total revenue $2,159,039K, down 34% YoY. Communications $240,776K (11%), down 45%. Deep cyclical trough. No AI mention in the filing. Communications was at its lowest point. Maintaining 2% as AI data center infrastructure spend was likely preserving some demand floor in wireline optical and power management, but it was not enough to offset the broader cyclical downturn.
Analyzed by claude-opus-4-6
Quoted Figures
Industrial $1,014,847 (47%), Automotive $658,238 (30%), Communications $240,776 (11%), Consumer $245,178 (11%). Total revenue $2,159,039.
10-Q for Q ended May 4, 2024 — Revenue Trends by End Market
AI Products Identified (Ring 1)
High-speed data converters for optical transceiversPower management ICs for AI server racksSignal chain ICs for high-speed networking
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Communications wireline infrastructureIndustrial data center power managementEdge AI signal processing
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix