In a significant move, Analog Devices has agreed to purchase Alif Semiconductor for $1.35 billion in cash. This acquisition is set to enhance ADI's on-device capabilities amidst the growing trend of AI technology infiltrating physical systems.

Sept 9 : Analog Devices will acquire privately held Alif Semiconductor for $1.35 billion in cash, the companies said on Wednesday, expanding ADI's on-device capabilities as AI…

Analog Devices is acquiring Alif Semiconductor for $1.35B in cash to expand its edge AI chip portfolio with AI-native fusion processors and