MSFT - AMD: What You Need To Know About The Planned Xilinx Merger

• AMD, which built its reputation on enterprise data center and client computing CPUs and GPUs, will soon be expanding its foray into programmable chips through the upcoming Xilinx acquisition.
• The transaction, which was announced back in October 2020, has recently received the last regulatory green light from China's State Administration for Market Regulation.
• AMD-Xilinx deal could reach completion within the next few weeks, or even days, pending approval from the FTC on its HSR pre-merger filing, the review timeline of which ends February-9th.
• The acquisition of Xilinx is expected to complement AMD's growing prominence in data center sales, while also forging a clear path for further extension into new markets including aerospace, automotive and communications infrastructure within the near-term.

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