Analog Devices considers $1.5bn purchase of Empower Semiconductor

Analog Devices is successful precocious negotiations to get Silicon Valley-based Empower Semiconductor successful a woody valued astatine astir $1.5bn successful cash, according to a Bloomberg News study citing unnamed sources acquainted with the matter.

The transaction, which could reportedly beryllium announced arsenic soon arsenic Tuesday, would springiness Analog Devices entree to powerfulness absorption semiconductor exertion utilized successful AI processors and information centre infrastructure.

Empower Semiconductor designs and manufactures voltage-regulating chips tailored for AI applications and information centres. The company’s merchandise enactment includes 3 embedded silicon capacitors (ECAPs), that were launched successful February 2026.

The ECAP capacitors person been developed to code powerfulness integrity requirements of next-generation AI and high-performance computing processors.

Empower Semiconductor’s ECAP portfolio consists of the EC2005P offering 9.34μF capacitance successful a 2mm x 2mm package, the EC2025P with 18.68μF successful a 4mm x 2mm package, and the EC2006P delivering 36.8μF successful a 4mm x 4mm signifier factor. These devices are engineered with ultralow equivalent bid inductance and absorption to optimise powerfulness transportation and integration successful embedded systems.

The institution besides claims its FinFast exertion aims to trim vigor usage and operating costs successful information centres by improving the ratio and scalability of powerfulness transportation to AI processors.

Empower Semiconductor states its integrated voltage regulators alteration on-demand, scalable powerfulness absorption with the precision and awesome integrity indispensable for demanding AI workloads.

In September 2025, Empower Semiconductor closed a Series D backing circular successful excess of $140m. The circular included concern from Fidelity Management & Research Company, Maverick Silicon, Atreides Management, CapitalG, Socratic Partners, Knollwood, Walden Catalyst Ventures, and a afloat owned subsidiary of Abu Dhabi Investment Authority (ADIA).

According to Empower Semiconductor, the proceeds from the financing are being utilized to accelerate maturation successful the AI assemblage and thrust further probe and improvement of powerfulness absorption technology.

The reported negotiations travel arsenic businesses summation concern successful infrastructure optimised for generative AI workloads.

Analog Devices, headquartered successful Wilmington, Massachusetts, supplies semiconductors to industries specified arsenic aerospace, automotive, communications, and energy. For its 2025 fiscal year, Analog Devices reported gross exceeding $11bn.

The institution forecast second-quarter fiscal 2026 gross of $3.5bn, positive oregon minus $100m, and expects a reported operating borderline adjacent 36.4% and an adjusted operating borderline of astir 47.5%.