Analog Devices unveils platform to simplify embedded AI development

WILMINGTON, Mass. - Analog Devices, Inc. (NASDAQ:ADI), a prominent player in the Semiconductors industry with a market capitalization of $116 billion, on Monday launched CodeFusion Studio 2.0, an upgraded open source embedded development platform designed to streamline AI integration across the company’s hardware portfolio. According to InvestingPro, ADI’s stock has delivered a 19% return over the past six months.

The new platform introduces end-to-end AI workflow support with bring-your-own-model capabilities, model compatibility checks, and performance profiling tools. It aims to simplify deployment across ADI’s processors and microcontrollers, from edge devices to high-performance digital signal processors.

"The next era of embedded intelligence requires removing friction from AI development," said Rob Oshana, Senior Vice President of the Software and Digital Platforms group at ADI, according to the company’s press release.

Based on Microsoft’s Visual Studio Code, the platform includes a Zephyr-based modular framework for runtime AI/ML profiling and layer-by-layer analysis. The updated System Planner now supports multi-core applications and expanded device compatibility, while offering integrated debugging capabilities.

Paul Golding, Vice President of Edge AI and Robotics at ADI, stated the platform enables developers to "optimize, deploy and evaluate AI models seamlessly on ADI hardware, even without physical access to a board."

The release represents ADI’s continued investment in its digital roadmap, with the company positioning the platform as part of its strategy to deliver "Physical Intelligence" solutions that can perceive, reason, and act locally within real-world constraints.

CodeFusion Studio 2.0 is now available for download, according to the company statement.

In other recent news, Analog Devices reported third-quarter results that exceeded Wall Street expectations, with guidance for October also surpassing consensus estimates. Despite a gross margin miss, TD Cowen highlighted the company’s strong performance, particularly in the Industrial segment, and reiterated a Buy rating with a $285 price target. Piper Sandler also raised its price target for Analog Devices to $245, citing an industrial recovery, while maintaining a Neutral rating. Cantor Fitzgerald maintained its Overweight rating with a $270 price target, noting modestly improving cyclical indicators in a soft demand environment.

Additionally, Analog Devices announced the sale of its manufacturing facility in Penang, Malaysia, to ASE Technology, which will acquire 100% of the equity in Analog Devices Sdn. Bhd. This move is part of the company’s strategic adjustments. Meanwhile, semiconductor stocks, including Analog Devices, saw declines after China launched investigations into the U.S. chip sector amid ongoing trade talks. These developments reflect the complex dynamics currently influencing the semiconductor industry.

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