This chip maker’s CEO called a bottom, and the high-yielding stock is soaring - MarketWatch

1. ADI's stock surged 16.3% over five days, the best in five years. 2. Quarterly earnings surpassed expectations, boosting outlook amid strong automotive sales. 3. ADI raised dividend by 8% and increased stock buyback program by $10 billion. 4. Revenue guidance for Q2 is $2.5 billion, above the $2.45 billion consensus. 5. CEO noted recovery signals despite geopolitical and economic challenges.