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ADI acquires Alif Semiconductor for up to $200M, adding on-device AI inference to its sensor stack for robots, medical devices, and defense platforms.
ADI targets billions of low-power embedded devices, not Nvidia's GPU training market, with communications revenue already up 84% year over year.
Analysts back ADI with 31 buy ratings and a $470 price target, but the Alif deal won't move the needle for two to four years.
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