US chipmaker Analog Devices is nearing a deal to buy AI chip firm Empower Semiconductor. The acquisition is reportedly valued at around $1.5 billion. Empower Semiconductor makes power management chips for AI processors and data centres. This move comes amid strong investment in data centre infrastructure for generative AI. An announcement could be made soon.

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…

US chipmaker Analog Devices is nearing a deal to buy AI chip firm Empower Semiconductor. The acquisition is reportedly valued at around $1.5 billion. Empower Semiconductor makes…