After analog chip giant Adano announced strong third-quarter earnings, J.P. Morgan Chase reaffirmed its “gain” rating on the company. Analyst Harlan Sur pointed out in a report released on Wednesday that the company showed “overall growth momentum” and once again achieved “performance exceeding expectations and upward guidance.” In particular, he emphasized that the growth rate of the data center business may exceed current market expectations, and there is still room for further price increases in the future. According to financial data, Adeno performed well in the third quarter, with revenue reaching US$4.02 billion, exceeding analysts' expectations of US$3.92 billion; adjusted earnings per share after excluding some projects were US$3.45, which was also higher than the US$3.34 forecast in the FactSet survey. Driven by this positive trend, Adderall's shares rose by about 1% on Thursday. Since this year, the stock's cumulative increase has been close to 39%.

After analog chip giant Adano announced strong third-quarter earnings, J.P. Morgan Chase reaffirmed its “gain” rating on the company. Analyst Harlan Sur pointed out in a report released on Wednesday that the company showed “overall growth momentum” and once again achieved “performance exceeding expectations and upward guidance.” In particular, he emphasized that the growth rate of the data center business may exceed current market expectations, and there is still room for further price increases in the future. According to financial data, Adeno performed well in the third quarter, with revenue reaching US$4.02 billion, exceeding analysts' expectations of US$3.92 billion; adjusted earnings per share after excluding some projects were US$3.45, which was also higher than the US$3.34 forecast in the FactSet survey. Driven by this positive trend, Adderall's shares rose by about 1% on Thursday. Since this year, the stock's cumulative increase has been close to 39%.