May 19 : U.S. chipmaker Analog Devices said on Tuesday it would acquire Empower Semiconductor for about $1.5 billion in cash, expanding its AI-focused power management portfolio. The companies said the deal will help advance power delivery for AI and other compute-intensive applications, for which power bottlenecks can be limiting. Here are some details: • Empower CEO Tim Phillips said the company was founded to solve "the hardest problem in AI power delivery," which is the power bottleneck