Analog Devices in Talks to Acquire AI Chip Startup Empower Semiconductor for $1.5 Billion

Analog Devices is reportedly in advanced discussions to acquire AI chip startup Empower Semiconductor for approximately $1.5 billion. According to Odaily, this potential acquisition aims to enhance Analog Devices' presence in high-performance computing infrastructure. The deal highlights the growing demand for power management and energy efficiency technologies in AI chips, driven by the increasing workloads of artificial intelligence applications.