ADI is trading at $401.07 (-4.03%) following a sharp morning selloff driven by tariff shock headlines and broader semiconductor sector weakness.
- Investors are weighing strong earnings results against sell-the-news sentiment and potential integration concerns regarding the newly announced $1.5 billion Empower acquisition.
- The downward move is consistent with a broader risk-off tone across the technology sector, as NASDAQ futures and other major chip stocks remain under pressure.