Empower manufactures high-voltage chips for AI processors and information facilities.
Analog Units and Empower Semiconductor didn’t reply to Benzinga‘s request for feedback
Analysts See Continued Momentum
The corporate additionally issued second-quarter EPS steering forward of estimates, with analysts highlighting sustained power in information middle and industrial markets, together with pricing will increase supporting continued momentum.
The corporate is because of report its second-quarter outcomes on Wednesday.
ADI Value Motion: On a year-to-date foundation, Analog Units inventory surged 52.91%, as per Benzinga Professional. On Monday, it rose 0.26% to shut at $418.58.
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