Analog Devices (ADI) Buys Empower As Record Revenue Deepens Its AI Push

Analog Devices (ADI) is advancing its AI push with record results and a deal aimed at strengthening power-management technology for data centers. The company reported record revenue, citing demand from AI data centers and industrial customers. ADI also announced an agreement to acquire Empower Semiconductor to expand its AI-focused capabilities in managing power. ADI’s shares on NasdaqGS last closed at $386.91 as investors weighed the earnings update and acquisition news. The article notes ADI’s stock has gained 41.3% year to date, 65.5% over one year, 108.5% over three years, and 146.7% over five years. It also highlights management’s caution that gross margins could face pressure if factories operate near full capacity.