Analog Devices Reportedly In Talks To Buy AI Chip Firm Empower Semiconductor For $1.5 Billion

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Analog Devices (NASDAQ:ADI) is in advanced talks to acquire AI chip firm Empower Semiconductor for $1.5 ‌billion in cash, Bloomberg reported on Monday.

Empower manufactures high-voltage chips for AI processors and data centers.

Analog Devices and Empower Semiconductor did not respond to Benzinga‘s request for comments

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