Xilinx Stock News

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Late last year, semiconductor giant Advanced Micro Devices (AMD) announced its to buy rival chipmaker Xilinx for $35 billion in an all-stock deal as part of its efforts to challenge Intel in the data center chip market. Today, AMD announced it has […] The post AMD buys rival chipmaker Xilinx for nearly $50 billion, making it one of the largest deals in the semiconductor industry appeared first on Tech News | Startups News .

Highlights AMD had announced the deal with Xilinx Inc (XLNX) in October 2020. At the time, the chip manufacturer was valued at US$35 billion. But the XLNX stocks price gains have pushed the valuation higher. In what is being called a record-breaking deal in the semiconductor industry, American chip manufacturing giant Advanced Micro Devices (AMD) on Monday said that it finalized a deal to acquire chipmaker Xilinx Inc. (XLNX) for about US$50 billion. The eye-popping deal comes after Nvidia Corporation (NVDA) canceled its purchase of SoftBank-owned Arm, citing regulatory hurdles. Arm is a leader in AI, Cloud, and LoT technologies. AMD CEO Lisa Su told Reuters that the company was in talks with regulators to approve the acquisition. The acquisition aims at bolstering its position in the data center market. Su added that the products of the two companies complement each other. AMD had first announced the deal in October 2020. At the time, Xilinx Inc. was valued at US$35 billion. But XLNXs stock gains overtime pushed the valuation higher, according to Reuters.

Gets extra edge in the data centre market.

Semiconductor stocks started the week on a mixed note, Monday, led by Advanced Micro Devices as it completed its acquisition of Xilinx.

Advanced Micro Devices (AMD) stock is rising higher today after completing its acquisition of Xilinx (XLNX) and we''ve got all the details!

The closing of the AMD-Xilinx Merger means that XLNX stock is gone. Here''s why AMD stock should be on everyone''s radar as a result.

A milestone day for chip giant AMD as it closes on its $35 billion acquisition of Xilinx. Yahoo Finance catches up with AMD CEO Dr. Lisa Su for more on the deal.

Advanced Micro Devices Inc (NASDAQ: AMD) completed the acquisition of Xilinx Inc (NASDAQ: XLNX) in an all-stock transaction.  Xilinx stockholders received 1.7234 shares of AMD and cash in place

Advanced Micro Devices (AMD) stock is rising higher today after completing its acquisition of Xilinx (XLNX) and we've got all the details! The post AMD Stock: 8 Things for AMD Investors to Know Follo

Investors are loving AMD for another solid quarter and higher-than-anticipated guidance.

The closing of the AMD-Xilinx Merger means that XLNX stock is gone. Here's why AMD stock should be on everyone's radar as a result.

AMD (NASDAQ: AMD) has announced the completion of its acquisition of Xilinx in an all-stock transaction. These are the details.

Advanced Micro Devices Inc. shares AMD, +2.08% are up nearly 3% in Monday trading after the chipmaker announced that its $49 billion deal for Xilinx has officially closed. AMD also said that Chief Exe

Advanced Micro Devices Inc (NASDAQ: AMD) completed the acquisition of Xilinx Inc (NASDAQ: XLNX) in an all-stock transaction.  Xilinx stockholders received 1.7234 shares of AMD and cash in place