Analog Devices Option Alert: Jan 16 $260 Calls at the Bid: 350 vs 893 OI; Earnings 2/19 Before Open 

Analog Devices Option Alert: Jan 16 $260 Calls at the Bid: 350 @ $19.2 vs 893 OI; Earnings 2/19 Before Open Ref=$239.28

Analog Devices (NASDAQ:ADI) Azioni

ANALOG DEVICES INC

Analog Devices

Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.

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Analog Devices Inc

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Shares of chip stocks are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/11/25</td>
<td>$100.00</td>
<td>$27.5K</td>
<td>45.2K</td>
<td>84.3K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$170.00</td>
<td>$45.5K</td>
<td>12.7K</td>
<td>10.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>04/11/25</td>
<td>$220.00</td>
<td>$33.8K</td>
<td>4.0K</td>
<td>5.7K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/11/25</td>
<td>$67.00</td>
<td>$30.0K</td>
<td>3.0K</td>
<td>2.7K</td>
</tr>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$130.00</td>
<td>$25.2K</td>
<td>286</td>
<td>2.1K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$78.00</td>
<td>$50.0K</td>
<td>2.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$430.00</td>
<td>$63.4K</td>
<td>1.0K</td>
<td>301</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$185.00</td>
<td>$62.0K</td>
<td>887</td>
<td>282</td>
</tr>
<tr>
<td>APP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/11/25</td>
<td>$250.00</td>
<td>$140.5K</td>
<td>1.3K</td>
<td>280</td>
</tr>
<tr>
<td>ADI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$210.00</td>
<td>$48.5K</td>
<td>0</td>
<td>115</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on April 11, 2025. Parties traded 37 contract(s) at a $100.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $745.0 per contract. There were 45277 open contracts at this strike prior to today, and today 84353 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option trade that happens to be bearish, expiring in 8 day(s) on April 17, 2025. This event was a transfer of 100 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $455.0 per contract. There were 12791 open contracts at this strike prior to today, and today 10600 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option sweep with neutral sentiment. It expires in 2 day(s) on April 11, 2025. Parties traded 101 contract(s) at a $220.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $335.0 per contract. There were 4006 open contracts at this strike prior to today, and today 5727 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on April 11, 2025. This event was a transfer of 160 contract(s) at a $67.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $188.0 per contract. There were 3087 open contracts at this strike prior to today, and today 2716 contract(s) were bought and sold. 
• Regarding QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we observe a call option trade with neutral sentiment. It expires in 8 day(s) on April 17, 2025. Parties traded 55 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $459.0 per contract. There were 286 open contracts at this strike prior to today, and today 2188 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a put option trade that happens to be neutral, expiring in 8 day(s) on April 17, 2025. This event was a transfer of 100 contract(s) at a $78.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $500.0 per contract. There were 2187 open contracts at this strike prior to today, and today 1020 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option trade that happens to be bullish, expiring in 254 day(s) on December 19, 2025. This event was a transfer of 38 contract(s) at a $430.00 strike. The total cost received by the writing party (or parties) was $63.4K, with a price of $1670.0 per contract. There were 1039 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option trade that happens to be bearish, expiring in 163 day(s) on September 19, 2025. This event was a transfer of 40 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $62.0K, with a price of $1550.0 per contract. There were 887 open contracts at this strike prior to today, and today 282 contract(s) were bought and sold. 
• Regarding APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we observe a put option trade with bearish sentiment. It expires in 2 day(s) on April 11, 2025. Parties traded 50 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $140.5K, with a price of $2810.0 per contract. There were 1315 open contracts at this strike prior to today, and today 280 contract(s) were bought and sold. 
• Regarding ADI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), we observe a call option sweep with bearish sentiment. It expires in 100 day(s) on July 18, 2025. Parties traded 113 contract(s) at a $210.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $48.5K, with a price of $430.0 per contract. There were 0 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Shares of chip stocks are trading lower amid an overall market reversal on US-China trade tensions.

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Shares of chip stocks are trading higher amid overall market volatility. Stocks across sectors have been volatile on Monday, with tech stocks rebounding following earlier weakness.

<a href="https://www.benzinga.com/topic/semiconductors">Semiconductors may power</a> everything from Tesla Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) cars to toothbrushes, but they can't outrun geopolitics.
With trade tensions heating up again, chip stocks have already taken a 25–30% hit, and JPMorgan analyst Harlan Sur says, &#8220;We see the potential for further ~10% downside (range of 5-15%) over the next six months.&#8221;
The good news? That may be the final flush before a rebound.
<h2 class="wp-block-heading">Tariffs Aren't The Problem &#8211; Demand Destruction Is</h2>
Despite investor jitters, Sur says the direct impact of tariffs on chipmakers is minimal. Most U.S.-designed chips are manufactured and tested abroad, not directly shipped into the U.S., shielding them from most tariff crossfire. Even China's retaliatory moves barely dent the sector directly.
Instead, the real problem lies in sticker shock. With end-products like smartphones and cars expected to rise 5–10% in price, consumers may start pulling back. A $300-more-expensive iPhone or a costlier EV could stall demand, ultimately hurting semiconductor sales.
Inventory caution from buyers only adds to the pressure.
Read Also: <a href="https://www.benzinga.com/25/04/44644871/nvidia-slips-into-bearish-trend-as-hsbc-downgrades-ai-giant">Nvidia Slips Into Bearish Trend As HSBC Downgrades AI Giant</a>
<h2 class="wp-block-heading">2018 Called &#8211; It Wants Its Trade War Back</h2>
Sur points to the 2018 U.S.-China tariff battle as a cautionary tale. Back then, chipmakers were riding high—until trade tensions slammed the brakes on the upcycle. Demand weakened, earnings were revised down and stocks nosedived by up to 35%. Memory stocks were hit the hardest, while software-centric names like Synopsys proved more defensive.
Sur sees echoes of that pattern in 2025: stocks are selling off ahead of earnings cuts, which could help clear the air for recovery. If history repeats, a three-to-five-month drawdown followed by a Fed-assisted rebound isn't out of the question.
<h2 class="wp-block-heading">Broadcom, Analog Devices, KLA, Synopsis: Selective Is The Safe Play</h2>
In this storm, Sur's sticking with what held up last time. He favors Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Analog Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), KLA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) and Synopsys Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) &#8211; stocks that blend strong fundamentals with exposure to AI, design software and increasing chip complexity.
These names outperformed during the 2018-2019 drawdown and are positioned to be more resilient this time around.
The bottom line? 
Semiconductor stocks may not be done falling, but with earnings resets coming soon, the worst might be behind us.
Read Next: 
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<li><a href="https://www.benzinga.com/news/global/25/04/44645946/microsoft-halts-data-center-expansions-due-to-semiconductor-tariff-concerns-ai-overcapacity-fears">Microsoft Halts Data Center Expansions Due To Semiconductor Tariff Concerns, AI Overcapacity Fears</a></li>
</ul>
Photo: Shutterstock

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Analog Devices's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NYSE">ADI</a>) short percent of float has risen 10.26% since its last report. The company recently reported that it has 8.50 million shares sold short, which is 1.72% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.1 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Analog Devices Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743601515_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Analog Devices has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Analog Devices's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Analog Devices's peer group average for short interest as a percentage of float is 5.67%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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President Donald Trump has set up a new body within the Commerce Department to manage the CHIPS and Science Act, 2022. 
What Happened: A new entity, the United States Investment Accelerator within the Commerce Department, will now oversee the CHIPS Act program, as established by an executive order signed by Trump on Monday.
Despite Trump&#8217;s past criticism of the bipartisan legislation, the White House said in its fact sheet that the new office will focus on &#8220;negotiating much better CHIPS Act deals&#8221; and streamlining investment processes through reduced regulatory burdens and faster permitting.
According to the <a href="https://www.semiconductors.org/chip-supply-chain-investments/">Semiconductor Industry Association</a>, the CHIPS Program has granted awards worth $32.5417 billion and provided loans up to $5.85 billion to 32 companies across 23 states. 
However, the new entity — Investment Accelerator that will be controlling the CHIPS Act, not only plans to expedite corporate investments but promises to deliver &#8221; the benefit of the bargain for taxpayers,&#8221; as per the Whit House fact sheet.
Other primary goals of the body include;
<ul>
<li>Reducing regulatory burdens</li>
</ul>
<ul>
<li>Speeding up permitting;</li>
</ul>
<ul>
<li>Coordinating responses to investor issues across multiple Federal agencies; </li>
</ul>
<ul>
<li>Increasing access to national resources;</li>
</ul>
<ul>
<li>Facilitating collaboration with national laboratories; </li>
</ul>
<ul>
<li>Working with all 50 state governments and their economic development organizations.</li>
</ul>
Here are the U.S.-listed beneficiaries that have received grants under the CHIPS and Science Act, 2022 in the past. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company Stocks</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>Amkor Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>)</td>
<td>-30.57%</td>
<td>-43.23%</td>
</tr>
<tr>
<td>Analog Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>)</td>
<td>-4.58%</td>
<td>2.57%</td>
</tr>
<tr>
<td>Coherent Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>)</td>
<td>-35.44%</td>
<td>8.23%</td>
</tr>
<tr>
<td>Corning Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>)</td>
<td>-1.99%</td>
<td>40.13%</td>
</tr>
<tr>
<td>Entegris Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTG#NASDAQ">ENTG</a>)</td>
<td>-10.03%</td>
<td>-37.79%</td>
</tr>
<tr>
<td>Globalfoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>)</td>
<td>-13.11%</td>
<td>-28.73%</td>
</tr>
<tr>
<td>HP Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>)</td>
<td>-14.72%</td>
<td>-8.85%</td>
</tr>
<tr>
<td>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>12.31%</td>
<td>48.99%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSI#NASDAQ">MTSI</a>)</td>
<td>-22.44%</td>
<td>2.83%</td>
</tr>
<tr>
<td>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</td>
<td>-14.89%</td>
<td>-46.06%</td>
</tr>
<tr>
<td>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>)</td>
<td>-0.50%</td>
<td>-30.10%</td>
</tr>
<tr>
<td>Polar Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POLA#NASDAQ">POLA</a>)</td>
<td>-30.66%</td>
<td>-31.05%</td>
</tr>
<tr>
<td>Rocket Lab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>)</td>
<td>-28.37%</td>
<td>338%</td>
</tr>
<tr>
<td>Skywater Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYT#NASDAQ">SKYT</a>)</td>
<td>-47.36%</td>
<td>-30.08%</td>
</tr>
<tr>
<td>Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</td>
<td>-3.88%</td>
<td>3.77%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)</td>
<td>-17.65%</td>
<td>17.32%</td>
</tr>
<tr>
<td>Wolfspeed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>)</td>
<td>-53.85%</td>
<td>-89.77%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/04/44578555/nancy-pelosis-pick-palo-alto-networks-downplays-ai-spending-need-analyst-warns-ai-digestion-phase-may-be-a-larger-problem" target="_blank" rel="noreferrer noopener">Nancy Pelosi's Pick, Palo Alto Networks Downplays AI Spending Need: Analyst Warns ‘AI Digestion Phase May Be A Larger Problem'</a>
Why It Matters: Trump has been vocal about his criticism of the CHIPS Act. On March 4, during his joint address to Congress, he said, &#8220;Your Chips Act is a horrible, horrible thing.&#8221;
He also urged U.S. House Speaker Mike Johnson to &#8220;get rid&#8221; of it and use &#8220;whatever is left over&#8221; to &#8220;reduce debt or any other reason you want to.&#8221;
However, the White House&#8217;s new plan has passed on the management of the act to the new entity. Since his time in office, Trump has been able to convince companies to invest in the U.S.
In early March, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM revealed its plans to inject another $100 billion into U.S. advanced semiconductor manufacturing, significantly expanding its ongoing $65 billion Arizona initiative and bringing total investment to $165 billion.
Similarly, the Magnificent 7 companies are widely expected to spend more than $330 billion on capex in 2025. While the chipmaker Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) hasn't explicitly mentioned a target during its earnings call, the iPhone maker Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) broadly expects to spend $500 billion over the next four years. The remaining companies, however, have provided a specific target for 2025.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stocks</td>
<td>CAPEX Target For 2025</td>
</tr>
<tr>
<td>Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>$80 Billion</td>
</tr>
<tr>
<td>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>$100 Billion</td>
</tr>
<tr>
<td>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)</td>
<td>$75 Billion</td>
</tr>
<tr>
<td>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>$65 Billion</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>$11 Billion</td>
</tr>
</tbody>
</table>
</figure>
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, dropped in premarket on Monday. The SPY was down 0.51% to $556.56, while the QQQ declined 0.46% to $466.75, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/04/44579361/charlie-mungers-top-pick-costcos-golden-touch-gold-prices-soar-58-outpacing-spy-since-it-started-selling-gold-33-months-ago">Charlie Munger&#8217;s Top Pick Costco&#8217;s Golden Touch: Gold Prices Soar 58%, Outpacing SPY Since It Started Selling Gold 33 Months Ago</a></li>
</ul>
Image via Shutterstock

Equities

Government

Regulations

Politics

General

AMZN

COHR

ENTG

GOOGL

MTSI

POLA

RKLB

SKYT

WOLF

Days After Calling The CHIPS Act A 'Horrible Thing,' Donald Trump Sets Up New Entity For 'Negotiating Much Better...Deals:' Here's More

Following his industry update report, BofA Securities analyst Vivek Arya spotlighted his three diversified <a href="https://www.benzinga.com/topic/semiconductors" target="_blank" rel="noopener">semiconductor top picks </a>on Friday.
Recovery processes will be staggered and related to company-specific exposures. Still, the bottom seems to be near for most, with industrial semiconductors leading the way (improving PMIs, Europe re-industrialization) and auto semiconductors following in the second half of 2025 if/when OEM/EV production data points improve.
Also Read: <a href="https://www.benzinga.com/markets/emerging-markets/25/03/44535967/tariff-fears-and-ease-in-demand-hype-slows-semiconductor-expansion" target="_blank" rel="noreferrer noopener">Tariff Fears And Ease In Demand Hype Slows Semiconductor Expansion</a>
Arya acknowledged lingering risks around tariffs and economic contraction but noted that diversified stocks are defensive and tend to outperform when SOX declines &gt;10%.
In order from &#8220;lower beta&#8221; in recovery to &#8220;higher beta,&#8221; Arya&#8217;s top picks are Analog Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) ($280 price target), NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) ($235 price target), and ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) $60 price target.
The top analog/industrial-semi pick is ideal for defensive exposure as Analog Devices has outperformed the PHLX Semiconductor Sector 23 out of the last 29 times the index declined +10% since 2010. Higher confidence in the second half of 2025 recovery supported by the analog semiconductor market returning to growth (according to SIA data) and sequential KPI improvement. FIFO recovery &#8211; consensus expects Analog Devices to rebound fastest in calendar 2025 at +13% sales growth (peers -15% to +10%).
Using the fiscal 2018 and 2019 baselines, Analog Devices&#8217; industrial sales are still 15-20% below the trend, leaving upside headroom. The superior free cash flow generation with a line of sight to 37% margins in fiscal 2025, well above peers&#8217; average of 17%, while buybacks may double with $10 billion new authorization.
Arya liked the relatively benign sales peak-to-trough correction to date at -18%, tied with Infineon for the shallowest downcycle thus far among peers, indicating prudent execution. The multiple NXP Semiconductors-specific product cycles make up ~40% of auto sales and accelerate growth in recovery, including software-defined vehicle products. The recent acquisitions of Kinara, TTTech, and Aviva Links enhance the total portfolio value proposition.
ON Semiconductor has weathered a -30% drawdown year-to-date, but as per Arya, the stock setup is compelling, given high leverage to any improvement in Auto/EV sentiment. Estimates reset hard post-fourth-quarter earnings, now show calendar 2025 sales down -15%, below peers ranging from -13% to +13%. 
Even with tariff and demand uncertainty, much seems baked in. The steady Silicon carbide share gains at Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and intense exposure at China EVs where 800v demand reflecting.
Allegro MicroSystems, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGM#NASDAQ">ALGM</a>) deal, if secured, may deliver 4%-7% accretion by calendar 2027 while augmenting the sensor portfolio. Despite the downturn, free cash flow % could improve to mid-20% from calendar 2024&#8217;s 17%. On the calendar 2026 EV/FCF basis, 11 times multiple is 50% below the 5-year median of ~20 times.
Price Actions: ADI stock is down 3.52% at $201.58 at last check Friday. NXPI is down 4.79%, and ON is down 6.03%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/25/03/44524590/in-geopolitical-chess-chinas-latest-energy-norms-block-nvidias-chip-strategy-amid-us-sanctions" target="_blank" rel="noreferrer noopener">In Geopolitical Chess, China&#8217;s Latest Energy Norms Block Nvidia&#8217;s Chip Strategy Amid US Sanctions</a></li>
</ul>
Photo: Shutterstock

Price Target

ALGM

ON Semi Joins Top Chip Picks As Tesla Gains And Allegro Deal Signal Upside

MPWR

MRVL

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Shares of chip stocks are trading higher amid market strength on reports suggesting the US could narrow upcoming tariffs, which are expected to take effect Apr. 2.

Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) has outperformed the market over the past 20 years by 1.08% on an annualized basis producing an average annual return of 9.26%. Currently, Analog Devices has a market capitalization of $103.88 billion. 
Buying $1000 In ADI: If an investor had bought $1000 of ADI stock 20 years ago, it would be worth $5,873.25 today based on a price of $209.44 for ADI at the time of writing.
<h3>Analog Devices's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742398209_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Analog Devices Stock In The Last 20 Years

Shares of semiconductor and chip stocks are trading higher. The sector may be gaining amid an overall market rebound after experiencing recent weakness due to tariff uncertainty.

Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) has outperformed the market over the past 15 years by 2.78% on an annualized basis producing an average annual return of 13.78%. Currently, Analog Devices has a market capitalization of $102.26 billion. 
Buying $100 In ADI: If an investor had bought $100 of ADI stock 15 years ago, it would be worth $683.60 today based on a price of $206.18 for ADI at the time of writing.
<h3>Analog Devices's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741879815_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Analog Devices 15 Years Ago Would Be Worth Today

Financial giants have made a conspicuous bearish move on Analog Devices. Our analysis of options history for Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) revealed 8 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $109,830, and 5 were calls, valued at $150,984.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $190.0 to $230.0 for Analog Devices over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Analog Devices's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Analog Devices's substantial trades, within a strike price spectrum from $190.0 to $230.0 over the preceding 30 days.
<h3>Analog Devices Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741711537_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/14/25</td>
<td>$6.8</td>
<td>$6.5</td>
<td>$6.8</td>
<td>$215.00</td>
<td>$44.8K</td>
<td align="right">81</td>
<td align="right">101</td>
</tr>
<tr>
<td>ADI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$19.2</td>
<td>$19.0</td>
<td>$19.0</td>
<td>$210.00</td>
<td>$38.0K</td>
<td align="right">435</td>
<td align="right">20</td>
</tr>
<tr>
<td>ADI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$20.9</td>
<td>$20.7</td>
<td>$20.7</td>
<td>$200.00</td>
<td>$35.1K</td>
<td align="right">158</td>
<td align="right">324</td>
</tr>
<tr>
<td>ADI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$21.0</td>
<td>$20.7</td>
<td>$20.7</td>
<td>$200.00</td>
<td>$33.1K</td>
<td align="right">158</td>
<td align="right">153</td>
</tr>
<tr>
<td>ADI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$20.5</td>
<td>$19.9</td>
<td>$20.5</td>
<td>$200.00</td>
<td>$28.7K</td>
<td align="right">158</td>
<td align="right">79</td>
</tr>
</tbody>
</table>

<h3>About Analog Devices</h3>
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.
<h3>Where Is Analog Devices Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,628,488, the ADI's price is down by -3.83%, now at $207.97. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 71 days.</li>
</ul>
<h3>Professional Analyst Ratings for Analog Devices</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $273.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from Oppenheimer lowers its rating to Outperform with a new price target of $270. 
&#x2A; An analyst from Truist Securities has decided to maintain their Hold rating on Analog Devices, which currently sits at a price target of $248. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Analog Devices with a target price of $300. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Analog Devices, targeting a price of $300. 
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Analog Devices, maintaining a target price of $250. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Analog Devices with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Market Whales and Their Recent Bets on ADI Options

FORM

POWI

Shares of semiconductor stocks are trading lower. The sector has been under pressure amid tariff uncertainty.

CAMT

HIMX

Shares of semiconductor stocks are trading lower amid recession worries due to uncertainty regarding tariffs and trade policy. President Trump said there is a "period of transition."

President Donald Trump during his joint address to Congress on Tuesday evening called for ending the CHIPS Act, which provides manufacturing incentives to semiconductor companies setting up their facilities in the U.S.
What Happened: During a primetime address to Congress on Tuesday, the president criticized the legislation, saying, "Your Chips Act is a horrible, horrible thing." Trump urged U.S. House Speaker Mike Johnson to "get rid" of it and use "whatever is left over" to "reduce debt or any other reason you want to."
According to <a href="https://www.semiconductors.org/chips-incentives-awards/">Semiconductor Industry Association</a>, the CHIPS Program has fueled investments in American semiconductor manufacturing. About $38 billion in grants and loans have been awarded to 32 companies across 23 states, mobilizing over $380 billion in private investment and creating an estimated 145,000 new jobs by 2030. 
Most notably, the Departments of Defense and Commerce awarded Intel Corp. up to $3 billion in CHIPS Act funding to expand domestic manufacturing of advanced semiconductors, strengthening the U.S. supply chain for critical national security needs.
Taiwan Semiconductor Mfg. Co. Ltd., on the other hand, was the recipient of $6.6 billion worth of grants, out of which $5 billion was a loaned amount for setting up projects worth $65 billion in Phoenix, Arizona.
Here are the U.S.-listed beneficiaries that have received grants under the CHIPS Act.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company Stocks</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>Amkor Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>)</td>
<td>-21.57%</td>
<td>-37.79%</td>
</tr>
<tr>
<td>Analog Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>)</td>
<td>7.02%</td>
<td>19.17%</td>
</tr>
<tr>
<td>Coherent Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>)</td>
<td>-30.84%</td>
<td>5.51%</td>
</tr>
<tr>
<td>Corning Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>)</td>
<td>-0.46%</td>
<td>43.05%</td>
</tr>
<tr>
<td>Entegris Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTG#NASDAQ">ENTG</a>)</td>
<td>1.15%</td>
<td>-27.49%</td>
</tr>
<tr>
<td>Globalfoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>)</td>
<td>-11.56%</td>
<td>-28.48%</td>
</tr>
<tr>
<td>HP Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>)</td>
<td>-9.79%</td>
<td>0.55%</td>
</tr>
<tr>
<td>Infinera Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INFN#NASDAQ">INFN</a>)</td>
<td>1.07%</td>
<td>28.93%</td>
</tr>
<tr>
<td>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>5.49%</td>
<td>-50.58%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSI#NASDAQ">MTSI</a>)</td>
<td>-15.20%</td>
<td>20.75%</td>
</tr>
<tr>
<td>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</td>
<td>2.22%</td>
<td>-32.11%</td>
</tr>
<tr>
<td>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>)</td>
<td>4.43%</td>
<td>-3.46%</td>
</tr>
<tr>
<td>Polar Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POLA#NASDAQ">POLA</a>)</td>
<td>-29.51%</td>
<td>-16.33%</td>
</tr>
<tr>
<td>Rocket Lab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>)</td>
<td>-23.90%</td>
<td>348%</td>
</tr>
<tr>
<td>Skywater Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYT#NASDAQ">SKYT</a>)</td>
<td>-35.93%</td>
<td>-24.96%</td>
</tr>
<tr>
<td>Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</td>
<td>4.22%</td>
<td>14.18%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)</td>
<td>-10.71%</td>
<td>33.36%</td>
</tr>
<tr>
<td>Wolfspeed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>)</td>
<td>-20.51%</td>
<td>-80.08%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/03/44105284/from-mag7-to-meh7-no-tech-giant-ranks-among-sp-500s-top-50-performers-in-2025-experts-say-struggle-is-justified">From &#8216;Mag7 To Meh7:&#8217; No Tech Giant Ranks Among S&amp;P 500&#8217;s Top 50 Performers In 2025, Experts Say &#8216;Struggle… Is Justified&#8217;</a>
Why It Matters: A few hours before Trump&#8217;s Congress address, TSMC announced <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44124444/taiwan-semiconductor-rises-as-100-billion-u-s-expansion-defies-market-downturn">plans to invest</a> an additional $100 billion in advanced semiconductor manufacturing in the United States. Building on a $65 billion project already underway in Arizona, this expansion brings the company&#8217;s total U.S. investment to a massive $165 billion. 
Addressing TSMC&#8217;s latest investment, Trump said, &#8220;All that was important to them was they didn't want to pay the tariffs. So they came and they're building. And many other companies are coming. We don't have to give them money, we just want to protect our businesses and our people, and they will come because they won't have to pay tariffs if they build in America.&#8221;
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Tuesday. The SPY declined 1.18% to $576.86, and the QQQ dropped 0.30% to $495.55, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Wednesday, the futures of Dow Jones were up 0.47%, S&amp;P 500 traded 0.60% higher, whereas Nasdaq 100 futures advanced by 0.72%.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44070799/mark-cuban-supports-trumps-new-gold-card-scheme-if-sold-to-corporations-for-employee-citizenship-have-a-look-at-the-listed-companies-with-most-number-of-immigrants" target="_blank" rel="noreferrer noopener">Mark Cuban Supports Trump's New ‘Gold Card' Scheme If Sold To Corporations For Employee Citizenship: Here're The Listed-Companies With Most Number Of Immigrants</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

Economics

INFN

Trump Seeks To End CHIPS Act: Who Stands To Lose? Here's A List Of Beneficiaries That Could Be Affected

Shares of chip stocks are trading higher, rebounding after falling this week in sympathy with NVIDIA.

<img alt="Money in the hands of the people — Photo" class="article-image-one" src="https://www.marketbeat.com/logos/articles/med_20250224163803_massive-buybacks-3-stocks-returning-big-cash-to-sh.jpg" style="height:800px; width:1200px" />
When it comes to share buyback authorizations, not all programs create equal value. A $1 billion repurchase program can have a very different impact depending on the size of the company authorizing it.
The greater the value of the buyback program compared to the size of the company, the more positive an impact it could have on earnings per share (EPS).
Thus, looking at the size of a company&#39;s total buyback capacity versus its overall value helps determine how significant an impact buybacks could have on the share price. Below are three firms that now have buyback capacity equal to close to 10% or more of their market capitalization. This percentage is large and could have a significant positive impact on shares.
However, it is important to note that just because a company plans to buy back shares doesn&#39;t automatically mean shares will rise. All figures below use data and prices as of the Feb. 24 market close unless otherwise indicated.
<h2>Fiserv: Big-Time Buyback Capacity With a History of Utilizing It</h2>
First is payments company <a href="https://www.marketbeat.com/stocks/NYSE/FI/" rel="noopener" target="_blank">Fiserv (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/fi#NYSE">FI</a>). The company <a href="https://investors.fiserv.com/news-events/press-releases/detail/104/fiserv-announces-share-repurchase-authorization" rel="noopener" target="_blank">recently announced</a> a buyback authorization of 60 million shares, in addition to any other repurchase authorization still outstanding. On its Feb. 5 earnings call, Fiserv executives announced that they ended 2024 with 18 million shares in buyback authorization. Thus, the firm&#39;s total buyback capacity is approximately 78 million shares now.
[content-module:Forecast|NYSE:FI]
Although most companies quote their buybacks in dollar figures, investors can calculate the dollar figure with some quick math.
Multiplying 78 million by Fiserv&#39;s share price of $232 puts the value of its buyback capacity at over $18 billion. With a market cap of $130 billion, the company&#39;s buyback capacity is large, equal to nearly 14% of its value.
Fiserv has a strong history of actually using the buyback capacity it has authorized. In 2024, the company spent $5.5 billion on repurchases. That figure has been rising steadily since 2022. That year, the company only repurchased $2.5 billion worth of shares. This is an increase in buyback spending of 120%.
It moderately outpaces the 103% rise in Fiserv shares from the end of 2022 to the beginning of 2025. This indicates that the firm is continuing to aggressively repurchase shares despite the strong rise in its stock price.
<h2>Analog Devices: Chip Stock With Large Buyback Capacity and Notable Tech Dividend Payer</h2>
Next up is <a href="https://www.marketbeat.com/stocks/NASDAQ/ADI/" rel="noopener" target="_blank">Analog Devices (NASDAQ: </a><a class="ticker" href="https://www.benzinga.com/stock/adi#NASDAQ">ADI</a>). The <a href="https://www.marketbeat.com/compare-stocks/semiconductor-stocks/" rel="noopener" target="_blank">semiconductor</a> company recently announced a new <a href="https://investor.analog.com/news-releases/news-release-details/analog-devices-raises-quarterly-dividend-8-and-increases-share" rel="noopener" target="_blank">buyback program of $10 billion</a>. This brings its total buyback capacity to approximately $11.5 billion. Compared to its market cap of over $117 billion, the company&#39;s repurchase capacity is equal to 9.8% of the firm&#39;s value.
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In addition to adding substantial buyback capacity, the firm also announced a substantial increase to its dividend of 8%. This gives Analog an indicated dividend yield of nearly 1.7%.
Although that&#39;s not impressive compared to many firms, this yield is strong compared to firms in its sector and industry.&nbsp;
Compared to U.S. large-cap tech stocks, this yield is among the top 20 largest. When looking at U.S. large-cap semiconductor stocks, it is in the top six.
Analog Devices uses its buyback capacity much more slowly than Fiserv. Over the past 21 years, Analog has repurchased an average of $760 million worth of shares each year.
However, this slower pace could be a sign that the firm is more selective in repurchasing shares. For example, repurchasing shares when the company&#39;s value is lower can mean that each dollar spent goes further.
<h2>Allison Transmission: Strong Buyback Capacity Stock Achieving Record Revenue and Earnings</h2>
Last is <a href="https://www.marketbeat.com/stocks/NYSE/ALSN/" rel="noopener" target="_blank">Allison Transmission (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/alsn#NYSE">ALSN</a>). The company recently announced an <a href="https://ir.allisontransmission.com/news-releases/news-release-details/allison-transmission-announces-8-increase-quarterly-dividend-1" rel="noopener" target="_blank">additional $1 billion share buyback authorization</a>. This brings its total buyback capacity to $5 billion.
[content-module:Forecast|NYSE:ALSN]
With a market capitalization of $8.4 billion, this capacity equates to a massive 59% of the firm&#39;s value.
In 2024, the company spent more than $250 million on buying back shares. While low compared to its current capacity, this pace is significant compared to its relatively low market cap.
Allison may not be a typical high-flying stock, yet it has posted an impressive total return of 163% over the last three years. That is over three times higher than the total return of the <a href="https://www.marketbeat.com/types-of-stock/sp-500-stocks/" rel="noopener" target="_blank">S&amp;P 500</a> over that period and the highest return of the firms on this list.
In 2024, Allison reported&nbsp;<a href="https://ir.allisontransmission.com/news-releases/news-release-details/allison-transmission-announces-record-fourth-quarter-and-full-0" rel="noopener" target="_blank">record full-year sales</a> of $3.2 billion and record diluted EPS of $8.31. These numbers increased by 6% and 12% compared to 2023, respectively.
<h2><a href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink" style="text-decoration:none;color:var(--dark-blue); font-weight:500;">Where Should You Invest $1,000 Right Now?</a></h2>
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The article &quot;<a href="https://www.marketbeat.com/stock-ideas/massive-buybacks-3-stocks-returning-big-cash-to-shareholders/">Massive Buybacks: 3 Stocks Returning Big Cash to Shareholders</a>&quot; first appeared on MarketBeat.

Dividends

Buybacks

ALSN

Massive Buybacks: 3 Stocks Returning Big Cash To Shareholders

U.S. stocks settled lower on Friday, with the Dow Jones index dipping more than 700 points during the session. The S&amp;P 500 also fell 1.71% to 6,013.13, while the Nasdaq Composite declined 2.20% at 19,524.01 during Friday's session.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Lloyd Walmsley
<ul>
<li>Analyst Firm: UBS</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Buy rating on Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) and raised the price target from $5,560 to $5,960 on Feb. 21. This analyst sees around 20% upside in the stock.</li>
<li>Recent News: On Feb. 20, Booking Holdings reported better-than-expected fourth-quarter financial results and raised its quarterly dividend.</li>
</ul>
Analyst: Mark Kelley
<ul>
<li>Analyst Firm: Stifel</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Hold rating on Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) and slashed the price target from $47 to $46 on Feb. 21. This analyst sees around 9% surge in the stock.</li>
<li>Recent News: On Feb. 20, the company reported fourth-quarter adjusted earnings per share of 25 cents loss.</li>
</ul>
Analyst: Doug Anmuth 
<ul>
<li>Analyst Firm: JP Morgan</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained an Underweight rating on Tripadvisor, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) and raised the price target from $14 to $15 on Feb. 21. This analyst sees around 1% downside in the stock.</li>
<li>Recent News: On Feb. 20, TripAdvisor posted upbeat quarterly results.</li>
</ul>
Analyst: Alexander Paris
<ul>
<li>Analyst Firm: Barrington Research</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained an Outperform rating on Lincoln Educational Services Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LINC#NASDAQ">LINC</a>) with a price target of $20 on Feb. 19. This analyst sees around 22% surge in the stock.</li>
<li>Recent News: On Feb. 18, Lincoln Educational Services said it will host a conference call to discuss its fourth quarter and year-end financial results on Monday, Feb. 24.</li>
</ul>
Analyst: William Stein
<ul>
<li>Analyst Firm: Truist Securities</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained a Hold rating on Analog Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) and raised the price target from $230 to $248 on Feb. 20. This analyst sees around 4% upside in the stock.</li>
<li>Recent News: On Feb. 19, the company said its first-quarter revenue declined 4% year-on-year to $2.42 billion, beating the analyst consensus estimate of $2.36 billion.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43891623/top-2-health-care-stocks-that-may-rocket-higher-this-month">Top 2 Health Care Stocks That May Rocket Higher This Month</a></li>
</ul>

BKNG

LINC

TRIP

This Analyst With 86% Accuracy Rate Sees Around 20% Upside In Booking Holdings - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Press Releases

Analog Devices to Participate in UBS Global Technology Conference

Analog Devices Reports Fourth Quarter and Fiscal 2024 Financial Results

Littelfuse Announces CEO Retirement and Leadership Transition

Analog Devices Appoints Andrea F. Wainer to its Board of Directors

Analog Devices, Inc. to Report First Quarter Fiscal Year 2025 Financial Results on Wednesday, February 19, 2025

Power Over Ethernet Controller Market to Reach $3.7 billion, Globally, by 2033 at 11.7% CAGR: Allied Market Research

Analog Devices Raises Quarterly Dividend by 8% and Increases Share Repurchase Authorization by $10 Billion

Analog Devices Reports Fiscal First Quarter 2025 Financial Results

Analog Devices to Participate in Morgan Stanley Technology, Media &Telecom Conference

Analog Devices Introduces Expanded CodeFusion Studio™ Solution to Accelerate Product Development and Ensure Data Security

LFUS

Astera Labs

Advanced Micro Devices, Inc. - Common Stock

Advanced Micro Devices

Arm Holdings plc - American Depositary Shares

ARM Holdings

ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)

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