<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001222896</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0000927003</issuerCik>
            <issuerName>ADVANCED ENERGY INDUSTRIES, INC.</issuerName>
            <secFileNumber>000-26966</secFileNumber>
            <issuerAddress>
                <ns2:street1>1595 WYNKOOP STREET, SUITE 800</ns2:street1>
                <ns2:city>DENVER</ns2:city>
                <ns2:stateOrCountry>CO</ns2:stateOrCountry>
                <ns2:zipCode>80202</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(970) 407-6626</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>RONALD FOSTER</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>38th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>1000</noOfUnitsSold>
            <aggregateMarketValue>95000.00</aggregateMarketValue>
            <noOfUnitsOutstanding>37280657</noOfUnitsOutstanding>
            <approxSaleDate>11/15/2023</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/09/2023</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>1000</amountOfSecuritiesAcquired>
            <paymentDate>05/09/2023</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>RONALD FOSTER</name>
                <address>
                    <ns2:street1>1595 WYNKOOP STREET, SUITE 800</ns2:street1>
                    <ns2:city>DENVER</ns2:city>
                    <ns2:stateOrCountry>CO</ns2:stateOrCountry>
                    <ns2:zipCode>80202</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>10/02/2023</saleDate>
            <amountOfSecuritiesSold>1000</amountOfSecuritiesSold>
            <grossProceeds>103260.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>RONALD FOSTER</name>
                <address>
                    <ns2:street1>1595 WYNKOOP STREET, SUITE 800</ns2:street1>
                    <ns2:city>DENVER</ns2:city>
                    <ns2:stateOrCountry>CO</ns2:stateOrCountry>
                    <ns2:zipCode>80202</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>09/01/2023</saleDate>
            <amountOfSecuritiesSold>2000</amountOfSecuritiesSold>
            <grossProceeds>236960.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>11/15/2023</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>02/14/2023</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Ronald Charles Foster</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
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144
0001222896
XXXXXXXX
LIVE
0000927003
ADVANCED ENERGY INDUSTRIES, INC.
000-26966
1595 WYNKOOP STREET, SUITE 800
DENVER
CO
80202
(970) 407-6626
RONALD FOSTER
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
38th Floor
New York
NY
10004
1000
95000.00
37280657
11/15/2023
NASDAQ
Common
05/09/2023
Restricted Stock
Issuer
N
1000
05/09/2023
Not Applicable
N
RONALD FOSTER
1595 WYNKOOP STREET, SUITE 800
DENVER
CO
80202
Common
10/02/2023
1000
103260.00
RONALD FOSTER
1595 WYNKOOP STREET, SUITE 800
DENVER
CO
80202
Common
09/01/2023
2000
236960.00
11/15/2023
02/14/2023
/s/ Ronald Charles Foster