Analog Devices Acquires AI Power Chip Startup Empower Semiconductor for $1.5 Billion
Analog Devices (NASDAQ:ADI) has agreed to acquire closely held Empower Semiconductor in a $1.5 billion cash deal, aiming to strengthen its position in the AI data center power management market. The acquisition is expected to close by late 2026 and includes technology for next-generation high-voltage AI architectures.
Tickers: $ADI
Topics: AI data centers power management semiconductors