Analog Devices: Is It Lagging Behind in Tech?

Analog Devices, Inc. (ADI) is a big name in the semiconductor world. It makes chips that turn real-world stuff like sound and temperature into digital info. These chips are used in cars, factories, phones, and even hospitals. The company is worth a lot, with a market value of $126. 89 billion. Recently, ADI's stock hit a high of $260. 74. But it's only up a tiny bit in the last three months. Meanwhile, other tech stocks have done much better. Over the past year, ADI's stock is up 17. 7%, but the tech sector as a whole is up 20. 9%. ADI just reported its latest earnings. Revenue grew by 26% compared to last year, reaching $3. 08 billion. That's more than what experts expected. The company also made more money per share than predicted. A big part of their sales comes from industrial and communication sectors, both of which grew a lot. Compared to another chip maker, QUALCOMM, ADI has done better over the past year and a half. Experts on Wall Street think ADI's stock could go up by about 8% in the near future. Some even think it could rise by 20%. But there's uncertainty ahead. The company says the economy might still be shaky. Still, they think they can keep growing. So, is ADI underperforming? It depends on who you compare it to.