
Analog Devices completed its acquisition of Empower Semiconductor, reinforcing its position as a strategic grid-to-core power partner and expanding its total addressable market in AI compute power delivery. The deal integrates Empower’s technology to address energy constraints in next-generation AI systems and unlock higher efficiency for AI processors.
On July 7, 2026, Analog Devices finalized its acquisition of Empower Semiconductor, integrating the team and technologies to strengthen its grid-to-core power solutions for the AI ecosystem. The transaction aims to expand ADI’s addressable market in AI compute power delivery by combining Empower’s breakthrough power conversion designs with ADI’s analog and digital expertise.
Empower’s technology addresses energy constraints in high-performance AI processors, enabling higher compute densities and improved efficiency in data centers and edge applications. ADI plans to leverage this capability to help customers rearchitect power systems and meet next-generation AI demands across multiple industries.
This acquisition builds on ADI’s $11 billion FY25 revenue base and positions the company for accelerated growth in AI infrastructure markets. By integrating Empower’s solutions, ADI targets new market segments where power delivery has been a barrier to scaling advanced AI systems.