Analog Devices in talks to buy Empower Semiconductor for $1.5 billion: Report
US chipmaker Analog Devices is in advanced talks to acquire artificial intelligence chip company Empower Semiconductor for about $1.5 billion in cash, Bloomberg News reported on Monday, citing people familiar with the matter.
Empower Semiconductor is a Silicon Valley-based power management chip company that manufactures voltage-regulating chips for AI processors and data centers, according to the company website.
The deal comes amid a surge in investment in data center infrastructure for generative AI workloads.
