AMD Buys Chipmaker Xilinx in a Record $50 Billion Deal

AMD Buys Chipmaker Xilinx in a Record  Billion Deal

Semiconductor designer Advanced Micro Devices (AMD) said on Monday it has finalised the purchase of Xilinx in a record chip industry deal valued at about $50 billion (roughly Rs. 3,78,145 crore), giving it an extra edge in the key data center market. The closing of the deal comes on the heels of Nvidia’s decision to … Read more

AMD’s $35-Billion Deal for Xilinx Now Expected to Close in 2022

AMD’s -Billion Deal for Xilinx Now Expected to Close in 2022

Chip company Advanced Micro Devices’s $35 billion (roughly Rs. 2,60,025 crore) all-stock deal for peer Xilinx is now expected to close in the first quarter of 2022, delayed from a previous target of end-2021, the companies said on Thursday. “While we had previously expected that we would secure all approvals by the end of 2021, … Read more

AMD to Buy Xilinx in All-Stock Deal Valued at $35 Billion

AMD to Buy Xilinx in All-Stock Deal Valued at  Billion

AMD is buying Xilinx for $35 billion (roughly Rs. 2,57,900 crores) in an all-stock deal that will combine the two Silicon Valley chip makers. The deal announced Tuesday puts AMD in a place it wants to be; competing more fiercely with Intel. Xilinx stockholders will receive 1.7234 shares of AMD stock for each Xilinx share they … Read more