Analog Devices nears Empower Semiconductor acquisition
Analysis based on 9 articles · First reported May 19, 2026 · Last updated May 19, 2026
The potential acquisition of Empower Semiconductor by Analog Devices for $1.5 billion in cash is expected to boost Analog Devices' position in the rapidly growing AI chip and data center markets. This move reflects the surging investment in data center infrastructure for generative AI workloads, potentially leading to increased investor confidence in Analog Devices and the broader semiconductor industry.
Analog Devices, a US chipmaker, is reportedly in advanced talks to acquire Empower Semiconductor, an artificial intelligence chip company, for approximately $1.5 billion in cash. Empower Semiconductor, based in Silicon Valley, specializes in manufacturing voltage-regulating chips for AI processors and data centers. This potential deal comes amid a significant surge in investment in data center infrastructure to support generative AI workloads. Bloomberg News initially reported the development, citing sources familiar with the matter, and suggested that an announcement could be made as early as Tuesday. Reuters also covered the news but noted that it could not immediately verify the report, as neither Analog Devices nor Empower Semiconductor responded to requests for comment.
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