Analog Devices has agreed to acquire Empower Semiconductor for $1.5 billion in cash, deepening its foothold in the power management technologies that keep AI hardware running efficiently. This deal shines a spotlight on the broader market of companies delivering advanced power delivery solutions to an increasingly power-hungry AI infrastructure.
Published on May 20
AI chips are getting more powerful by the month, but none of that power matters without efficient energy delivery. The companies in this group are building the solutions that keep the entire AI revolution running.
Analog Devices' $1.5 billion cash deal for Empower Semiconductor is a strong signal that major players see power management as a tier-one priority. When industry giants start acquiring, it often means the opportunity is real and growing.
Whether it is NVIDIA's latest GPU cluster or a hyperscaler expanding its cloud capacity, every piece of AI hardware depends on the power management solutions these companies provide. That makes this theme hard to ignore.
When Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, it sent a clear signal: power management has become one of the most strategic priorities in AI. As data centres pack in more powerful chips, delivering stable and efficient electricity to all that hardware is a genuine bottleneck. This group targets the companies solving exactly that problem, spanning analog chip designers, gallium nitride device makers, and critical data centre infrastructure providers.
This is a thematic group built around a specific, fast-moving trend in the semiconductor industry. The companies here range from large, well-established chip giants to more focused specialists, so the risk profile varies across the basket. What they share is meaningful exposure to the growing demand for efficient energy delivery in AI hardware. Recent industry consolidation, like the Analog Devices deal, suggests this theme is maturing rapidly and attracting serious capital.
These stocks were handpicked by professional analysts who identified the key players across the AI power ecosystem. From foundries manufacturing the chips, to designers of DC-DC converters and wide-bandgap power devices, each company was selected because it plays a direct or enabling role in the power delivery chain for AI infrastructure. Nothing here was chosen at random — every pick reflects a deliberate view on where the AI infrastructure buildout is heading.
The basket's total market capitalisation is 9,361,575.959. Its market cap is heavily concentrated in a few very large-cap constituents, which are likely to anchor overall performance and reduce volatility.
NVDA: $4.83T
TSM: $1.71T
AVGO: $2.01T
Get the full story on this Basket. Read our detailed article on its risks and potential.
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Part of Exinity Group 2015, serving over a million customers globally.
SK Hynix has unveiled a record-breaking 40 trillion won share buyback fueled by soaring demand for its AI memory chips. This historic capital return creates a compelling investment theme centered on high-bandwidth memory producers and the specialized equipment manufacturers that enable their advanced production.
Home Depot's recent earnings beat highlights consistent consumer spending on smaller household repair and maintenance projects. This ongoing trend presents promising opportunities for various home improvement retailers and building material suppliers.
Earn 6% AER on uninvested cash with daily interest payments.
BHP Group recently posted a massive earnings beat driven by record copper profitability, allowing the miner to raise its dividend to a four-year high. This performance highlights a structural shift toward electrification metals, creating opportunities for industrial equipment suppliers and competing copper producers.
+8
Here are a few of the assets in this group. Create an account to unlock the full list.
NVIDIA CORP
NVDA
Current Price
$219.59
NVIDIA is the leading supplier of AI GPUs and accelerators, making it the primary driver of demand for advanced power delivery solutions in AI infrast...
NVIDIA is the leading supplier of AI GPUs and accelerators, making it the primary driver of demand for advanced power delivery solutions in AI infrastructure.
TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS EACH REP 5 ORD TWD10
TSM
Current Price
$412.85
Taiwan Semiconductor Manufacturing is the foundry partner for virtually all leading AI and power management chip designers, making it an indispensable...
Taiwan Semiconductor Manufacturing is the foundry partner for virtually all leading AI and power management chip designers, making it an indispensable enabler of the AI power silicon supply chain.
BROADCOM INC
AVGO
Current Price
$365.26
Broadcom designs custom AI accelerators and high-speed networking semiconductors for hyperscale data centres, creating significant demand for the powe...
Broadcom designs custom AI accelerators and high-speed networking semiconductors for hyperscale data centres, creating significant demand for the power management ecosystem.
Join Nemo FREE today and unlock every stock
It only takes 60 seconds.
16 of 18 assets in this group are rated Buy by professional analysts.
