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Diodes Incorporated

DIOD · NASDAQ

Market closed$87.02$-2.26 (-2.53%)After hours $87.05 · +0.03%

Key statistics

Previous close$89.28
Open$84.78
Day high$89.68
Day low$82.00
52-week high$125.99
52-week low$42.28
Market cap4.00B
Volume854.06K
Average volume689.13K
P/E ratio59.60
Forward P/E—
EPS1.46
Dividend yield0.00%

Market context

Why it moved

Diodes Incorporated shares fell sharply as investors sold off semiconductor stocks amid a broad reset in artificial intelligence expectations and concerns over the high costs of AI infrastructure buildout, compounded by profit-taking following a strong year-to-date rally.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Diodes Incorporated shares fell amid a broad semiconductor sector selloff, with the PHLX Semiconductor Index down sharply as investors rotated out of chip stocks despite solid earnings across the industry. The decline was compounded by a sector-wide reassessment of AI-related valuations following TSMC's higher-than-expected capex guidance, U.S.-Iran geopolitical tensions, and a JPMorgan strategist warning that the AI rally's next leg depends on hyperscalers reaffirming spending commitments. Company-specific catalysts remain constructive: Diodes recently announced a $250M all-cash acquisition of ElevATE Semiconductor — expected to be immediately accretive to revenue, gross margin, and EPS — and reported Q1 EPS of $0.43, beating estimates by $0.08, with revenue up 22% year-over-year. Q2 2026 earnings are scheduled for August 5.

-2.5314

July 17, 2026Diodes Incorporated tumbled nearly 8% as the company got caught in a broad semiconductor sector selloff triggered by profit-taking and valuation concerns across chip stocks globally — even as TSMC reported record quarterly profits. The decline comes just two days after Diodes announced a $250 million all-cash acquisition of ElevATE Semiconductor, a fabless ATE-focused IC designer expected to add ~$50M in revenue in the first year post-close and grow at a CAGR above 20%, with margins above Diodes' corporate average. Despite the deal being framed as immediately accretive and analysts maintaining a Moderate Buy consensus with a $113 average target, the broader sector de-rating — with peers like Microchip Technology and Nova each falling 5%+ — overwhelmed company-specific optimism.

-7.8828

July 16, 2026Diodes Incorporated advanced after announcing a $250 million all-cash acquisition of ElevATE Semiconductor, a fabless IC designer specializing in automated test equipment. The deal is expected to be immediately accretive to revenue, gross margin, and EPS, with ElevATE projected to add ~$50M in revenue in the first 12 months post-close and grow at a CAGR above 20% over four years at margins above Diodes' corporate average. Shares extended gains in after-hours trading as investors digested the strategic expansion into ATE markets driven by AI, automotive, and data center chip demand.

1.8816

July 15, 2026Diodes Incorporated rose sharply, driven by the company's announcement of a definitive agreement to acquire ElevATE Semiconductor for $250 million in an all-cash deal. The acquisition is expected to immediately boost revenue, gross margins, and EPS, adding ~$50M in revenue within the first year and growing at a CAGR above 20% over four years — with margins above Diodes' corporate average. The move expands Diodes' analog and mixed-signal portfolio into the ATE (automatic test equipment) IC market, complementing its Q1 2026 earnings beat ($0.43 EPS vs. $0.35 estimate, +22.1% YoY revenue), and analysts maintain a Moderate Buy consensus with an average target of $113.

3.0773

July 14, 2026Diodes Incorporated fell alongside a broad semiconductor selloff as escalating U.S.-Iran tensions sent oil prices surging and rattled equity markets, with the Nasdaq dropping nearly 1% and chip stocks broadly declining on profit-taking and geopolitical anxiety. The weakness in analog and mixed-signal chipmakers like Diodes was compounded by a sharp plunge in SK Hynix shares, investor caution ahead of TSMC's Q2 earnings on July 16, and growing debate over whether the AI-driven semiconductor rally—which pushed the Philadelphia Semiconductor Index up over 100% in H1 2026—can sustain its momentum.

-4.2436

July 11, 2026Diodes Incorporated shares rose on Friday, outperforming the broader semiconductor sector as chip stocks broadly recovered following a turbulent week. The session was marked by SK Hynix's historic Nasdaq debut and renewed AI optimism lifting semiconductor peers like Nvidia (+3%) and AMD, while the S&P 500 closed near its 52-week high. After a sector-wide selloff earlier in the week triggered by Samsung's earnings and DeepSeek chip concerns, broader analog and discrete semiconductor names like Diodes benefited from the recovery tone, though below-average volume suggests investor conviction remains measured amid ongoing U.S.-Iran tensions and debate over whether the chip upcycle has peaked.

1.6667

July 10, 2026Diodes Incorporated closed higher, recovering alongside a broader semiconductor rebound after the sector had been under intense pressure earlier in the week following Samsung's record-but-disappointing earnings and renewed US-Iran geopolitical tensions. The Philadelphia Semiconductor Index surged roughly 5% on Thursday as Micron's $250 billion US investment plan and Apple's $30 billion chip procurement deal with Broadcom lifted sentiment, with DIOD also extending gains in after-hours trading. The broader backdrop remains volatile, with hedge funds having net-sold tech hardware for four consecutive weeks and investors closely watching upcoming hyperscaler earnings for signs of sustained AI infrastructure spending.

2.1882

July 9, 2026Diodes Incorporated edged higher, bucking the broader semiconductor sector weakness that has dominated markets over the past two sessions. The stock's modest gain stands in contrast to steep declines across chip peers — including Micron, AMD, and Applied Materials — triggered by Samsung's record-but-disappointing Q2 earnings and reports that China's DeepSeek is developing its own AI inference chip, both of which fueled concern over whether AI infrastructure spending is peaking. Diodes' relative resilience may reflect its differentiated exposure as an analog and power semiconductor specialist, having reported a 22% revenue surge in Q1 2026 with strong automotive-driven demand and above-consensus guidance for Q2.

1.3105

TradingView · July 15, 2026Diodes to announce Q2 2026 results, schedules Aug. 5 call and webcastDallas Innovates · July 15, 2026Plano-Based Diodes to Acquire San Diego’s ElevATE Semiconductor for $250MBusiness Wire · July 15, 2026Diodes Incorporated to Announce Second Quarter 2026 Financial Results on August 5, 2026Stock Titan · July 15, 2026Diodes Incorporated (Nasdaq: DIOD) schedules Q2 2026 earnings call and webcastInvesting.com · July 14, 2026Diodes to acquire ElevATE Semiconductor for $250 millionBusiness Wire · July 14, 2026Presidio Investors Announces Sale of ElevATE Semiconductor to Diodes IncorporatedMoomoo · July 14, 2026Press Release: Diodes Incorporated to Acquire ElevATE Semiconductor, Expanding Analog and Mixed-Signal PortfolioStock Titan · July 14, 2026Diodes targets chips for semiconductor testing in $250M deal
Mt Newswire · July 14, 2026Diodes to Acquire Elevate Semiconductor for $250 Million in Cash
Benzinga · July 14, 2026Diodes Enters Definitive Agreement To Acquire ElevATE Semiconductor For $250M In All-Cash Transaction
Mt Newswire · June 1, 2026Diodes Insider Sold Shares Worth $1,717,621, According to a Recent SEC Filing
Mt Newswire · May 13, 2026Diodes Insider Sold Shares Worth $291,720, According to a Recent SEC Filing
Mt Newswire · May 13, 2026Diodes Insider Sold Shares Worth $1,710,905, According to a Recent SEC Filing
Mt Newswire · May 12, 2026Diodes Chair Keh-Shew Lu Retires; Angie Chen Button Elected Chairwoman
Mt Newswire · May 11, 2026Research Alert: CFRA Maintains Sell Rating On Shares Of Diodes Incorporated
Benzinga · May 8, 2026Truist Securities Maintains Buy on Diodes, Raises Price Target to $139

Peers

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