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Analog Devices acquires AI chip startup Empower Semiconductor for $1.5B amid record revenue surge

Company Fundamentals
20 May 2026
Proactive Investors
View Source
Bullish
pluang ai news

Analog Devices announced it will acquire Empower Semiconductor for $1.5 billion in cash to enhance its AI data center power management technology. Empower's integrated voltage regulator tech supports next-gen 800-volt AI data centers with more efficient power delivery. The acquisition aligns with Analog Devices' growth strategy as it reported a 37% revenue increase to $3.62 billion and doubled net income in its fiscal second quarter. The deal is expected to close in the second half of 2026, positioning Analog Devices to benefit from rising demand in AI data center infrastructure.

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