<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001175993</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
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  <formData>
    <issuerInfo>
      <issuerCik>0000927003</issuerCik>
      <issuerName>Advanced Energy Industries, Inc.</issuerName>
      <secFileNumber>000-26966</secFileNumber>
      <issuerAddress>
        <com:street1>1595 Wynkoop Street</com:street1>
        <com:street2>Suite 800</com:street2>
        <com:city>Denver</com:city>
        <com:stateOrCountry>CO</com:stateOrCountry>
        <com:zipCode>80202</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>9704076626</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Frederick Ball</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Board Member</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>UBS Financial Services Inc</name>
        <address>
          <com:street1>1000 Harbor Blvd</com:street1>
          <com:street2>3rd Floor</com:street2>
          <com:city>Weehawken</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>07086</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>3500</noOfUnitsSold>
      <aggregateMarketValue>385000</aggregateMarketValue>
      <noOfUnitsOutstanding>37673000</noOfUnitsOutstanding>
      <approxSaleDate>11/04/2024</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>04/30/2021</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3500</amountOfSecuritiesAcquired>
      <paymentDate>04/30/2021</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>Frederick Ball is on the Board of Advanced Energy Industries, Inc.  He is a trustee for The 1998 Ball Family Trust dtd 7/11/2002.  The seller of the shares is The 1998 Ball Family Trust dtd 7/11/2002. </remarks>
    <noticeSignature>
      <noticeDate>11/04/2024</noticeDate>
      <signature>/s/ UBS Financial Services Inc, as attorney-in-fact for Frederick Ball</signature>
    </noticeSignature>
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144
0001175993
XXXXXXXX
LIVE
0000927003
Advanced Energy Industries, Inc.
000-26966
1595 Wynkoop Street
Suite 800
Denver
CO
80202
9704076626
Frederick Ball
Board Member
Common
UBS Financial Services Inc
1000 Harbor Blvd
3rd Floor
Weehawken
NJ
07086
3500
385000
37673000
11/04/2024
NASDAQ
Common
04/30/2021
Stock Award
Issuer
N
3500
04/30/2021
Cash
Y
Frederick Ball is on the Board of Advanced Energy Industries, Inc.  He is a trustee for The 1998 Ball Family Trust dtd 7/11/2002.  The seller of the shares is The 1998 Ball Family Trust dtd 7/11/2002.
11/04/2024
/s/ UBS Financial Services Inc, as attorney-in-fact for Frederick Ball