Advanced Energy designs, manufactures, and services precision power conversion, measurement, and control solutions that transform electrical power into highly controllable, usable power for complex equipment in semiconductor manufacturing, data centers, industrial production, medical devices, aerospace, and telecommunications. The company sells its products—including plasma power, high and low voltage power supplies, sensing and instrumentation equipment, and related services—to original equipment manufacturers, distributors, and end customers worldwide through direct operations and distribution partnerships. The company generates revenue from these product sales and services while targeting growth in high-demand markets including semiconductor fabrication equipment driven by advanced process technologies, data center infrastructure fueled by AI and cloud computing, and industrial and telecom applications requiring precision power solutions.