Analog Devices Near Deal to Buy AI Power Chip Startup for $1.5 Billion
Analog Devices in advanced talks to acquire AI power chip startup Empower Semiconductor for approximately $1.5 billion.
Excerpt
<p>Chipmaker Analog Devices is in advanced talks to buy startup Empower Semiconductor for about $1.5 billion, in a deal that reflects demand for technology that can manage the intense energy needs of AI chips, <a href="https://www.theinformation.com/articles/analog-devices-talks-buy-ai-power-chip-startup-1-5-billion?rc=zjctrx">The Information reported Monday</a>.</p> <p>A deal could be announced as soon as this ...</p>
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