By Katherine Hamilton
Diodes shares jumped after the company posted a better-than-expected quarterly results, fueled by growth in the artificial intelligence and auto industries.
The stock climbed 31% to $80.93 on Wednesday after the company reported Tuesday evening, on track for a 52-week high. Shares have risen nearly 65% year to date.
The semiconductor products posted a 15.4% year-over-year increase in revenue to $391.6 million in the fourth quarter, ahead of the $381.3 million analysts polled by FactSet anticipated.
Adjusted earnings were 34 cents a share, also ahead of the consensus estimate of 28 cents.
Diodes continued to experience demand improvements across all target markets and geographies, Chief Executive Gary Yu said. There was particular strength in the computing market, driven by AI server-related applications, Yu said.
The automotive and industrial markets also improved, and Diodes realized improvements in its gross margins because its product mix benefited from the growth in automotive, he said.
In the first quarter of 2026, Diodes expects revenue to be $395 million at the midpoint, ahead of the $387.3 million Wall Street is projecting.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 11, 2026 12:01 ET (17:01 GMT)
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