Xilinx Stock News

AMD announced that it has received approval from all necessary authorities to proceed with the acquisition of Xilinx.

Audio player loading Chipmaker AMD is expected to complete its planned $35bn takeover of the semiconductor firm Xilinx early next week now that the deal has received approval from all necessary regulatory authorities. Now that the mandatory Hart-Scott-Rodino (HSR) Act waiting period has expired in the US, both companies are preparing to finalize their deal []

AMD''s takeover of Xilinx has now been approved by all necessary regulatory authorities.

Chip-maker AMD has received approval from all necessary authorities to proceed with the $35 billion acquisition of semiconductor company Xilinx, as gr..

The post AMD Stock Sees Steep Drop Ahead of Xilinx Acquisition appeared on BitcoinEthereumNews.com . Text size This week, AMD stock saw its biggest two-day decline since October 2018. David Paul Morris/Bloomberg Advanced Micro Devices stock has come under severe selling pressure just ahead of…

Advanced Micro Devices stock has come under severe selling pressure just ahead of the completion of its long-pending acquisition of chip maker Xilinx, expected Monday.

Equities in Canadas largest centre closed the week pretty much the way they entered the Friday Session, mostly as gold stocks enjoyed tremendous success. The S&P/TSX Composite finished in the green 17.12 points to conclude Friday, at 21,548.84. On the week, the change amounted to 312 points to the good, or 1.47%. The Canadian dollar backed off 0.05 cents at 78.49 cents U.S. Consumer stocks weighed on the markets, as Canada Goose took it on the chin $2.32, or 6.3%, to $34.18, while Magna International lost $6.47, or 6.3%, to $96.58. Among techs, Lightspeed POS dipped $3.24, or 7.9%, to $37.82, while HUT 8 Mining shed 65 cents, or 6.8%, to $9.08. Industrials also fared badly, as WSP Global fell $8.43, or 5%, to $161.00, and GFL Environmental retreated $1.76, or 4.3%, to $39.47. Gold stocks led the charge upward, as Eldorado Gold jumped 96 cents, or 8.1%, to $12.78, while Iamgold added 32 cents, or 9.6%, to $3.67. Energy stocks also muscled up, with Vermilion popping $1.67, or 8.2%, to $22.29, while Baytex Energy moved 27 cents, or 5.7%, higher, to $5.20.

Stocks slipped on Friday as investors tried to determine the next step for the Federal Reserve amid the highest inflation in decades. The Dow Jones Industrials shed 10.4 points to 35,231.19. The S&P 500 slipped 15.52 points to 4,488.56 The NASDAQ fell 99.11 points to 14,086.53. Semiconductor stocks, which have been volatile in part due to supply chain issues caused by COVID, were underperformers on Friday. Shares of Advanced Micro Devices and Xilinx dipped more than 4%. In earnings news, shares of Newell Brands jumped 8.8% after the company beat estimates on the top and bottom lines for the fourth quarter. Shares of Under Armour dropped 9.9% after the apparel company highlighted supply chain issues in its quarterly report. Shares of Zillow rallied strongly, rising 11% the day after the real estate website operator posted a surprise profit of $1.07 against an expected loss of 42 cents per share. Travel stock Expedia rose 4% after the company beat earnings expectations and said that bookings were improving as the omicron variant wave fades.

Advanced Micro Devices stock has come under severe selling pressure just ahead of the completion of its long-pending acquisition of chip maker Xilinx, expected Monday.

Chipmaker AMD has received approval from all necessary authorities to proceed with the $35 billion acquisition of semiconductor company Xilinx, as graphics chip giant Nvidia had to scrap the $40 billion deal to acquire British chip designer Arm amid anti-trust probes.

San Francisco, Feb 11 (IANS) Chip-maker AMD has received approval from all necessary authorities to proceed with the $35 billion acquisition of semiconductor company Xilinx, as graphics chip giant Nvidia had to scrap the $40 billion deal to acquire British chip designer Arm amid anti-trust probes. The all-stock deal originally announced in October 2020 [] The post AMDs $35 bn Xilinx deal gets nod, to go through on Feb 14 appeared first on Buziness Bytes .

AMD is expected to close its Xilinx acquisition in the upcoming days.

AMD is expected to close its Xilinx acquisition in the upcoming days.

S&P MidCap 400 constituent Nordson Corp (NASDAQ: NDSN ) looks to replace Xilinx Inc (NASDAQ: XLNX ) in the S&P 500 effective before the opening of trading on Tuesday, February 15. S&P SmallCap 600 constituent PDC Energy Inc (NASDAQ: PDCE ) will replace Nordson in the S&P MidCap 400, and XPEL Inc (NASDAQ: XPEL ) will replace PDC Full story available on Benzinga.com

S&P MidCap 400 constituent Nordson Corp (NASDAQ: NDSN) looks to replace Xilinx Inc (NASDAQ: XLNX) in the S&P 500 effective before the opening of trading on Tuesday, February 15. S&P SmallCap 600