Diodes Incorporated shares rise 1.52% intraday after Methode Electronics reports record power product sales for data centers.

Diodes Incorporated rose 1.52% intraday, with Methode Electronics, Inc. reporting record power product sales for data centers for the quarter and full year, positive free cash flow for the quarter, and a reduction in total and net debt from the previous quarter. The company also announced that its Board of Directors declared a quarterly dividend of $0.07.