Robust Q3 Performance: Analog Devices (ADI) reported revenue of $2.88 billion for Q3 FY25, exceeding expectations with a 25% year-over-year growth and a 9% sequential increase. The industrial segment contributed 45% of revenue, with growth across all subsectors and regions, highlighting strong recovery driven by automation and AI infrastructure.

Positive Industrial Outlook: Management anticipates continued strength in the industrial segment, predicting low to mid-teens sequential growth in Q4. ADI expects to capitalize on long-term trends in automation and robotics, forecasting the potential to double their industrial automation business by 2030, primarily driven by demographic pressures and innovation in robotics.

Automotive Segment Weakness: ADI expects a sequential decline in automotive revenue in Q4, projecting a 15% drop largely due to previous pull-in orders easing. Despite this, the automotive segment is still expected to have record revenue for FY25, with strong long-term growth driven by content and share gains.