Analog Devices Near Deal to Buy AI Power Chip Startup for $1.5 Billion

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 intense energy needs of AI chips, https://www.theinformation.com/articles/analog-devices-talks-buy-ai-power-chip-startup-1-5-billion?rc=zjctrx">The Information reported Monday.

A deal could be announced as soon as this ...