The Milpitas-based vertical-power-delivery firm puts more than 3,000 amps of current directly under the GPU. The deal could be announced as soon as Tuesday.
Analog Devices is in advanced talks to acquire Empower Semiconductor, the closely held Californian power-management chip company, for $1.5bn in cash, Bloomberg reported on Tuesday, citing people familiar with the matter. A transaction could be announced as soon as Tuesday, US time.
Neither company has publicly confirmed the discussions on the record.
What Empower makes is the operationally critical piece behind the AI data-centre buildout. The Milpitas-based company, founded in 2014, designs integrated voltage regulators that sit directly under the GPU or other AI accelerator and deliver more than 3,000 amps of current up through the PCB rather than across it.
The 💜 of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!The company’s Crescendo platform, unveiled in October 2024, has been the most-cited example of ‘vertical power delivery’ (VPD), the architectural shift that the largest GPU suppliers have been pushing into their next-generation reference designs as power densities at the rack-level have outgrown traditional lateral power topology.











