On October 27, 2020, AMD (NASDAQ:AMD) and Xilinx (NASDAQ:XLNX) have entered into a definitive agreement for AMD to acquire Xilinkx in an all-stock transaction for US$35 billion. Under the agreement, AMD will pay $1.7234 per Xilinx (NASDAQ:XLNX) share. The two companies are heavily integrated into the semiconductor industry’s biggest growth segments: gaming PCs, data centers, automotive, communications, industrial, aerospace, and defense. It makes sense for the two firms to come together. AMD (NASDAQ:AMD) wants to get into the server business. This particular field is dominated by bluechip juggernaut Intel (NASDAQ:INTC) which is AMD’s (NASDAQ:AMD) main target for competition. ...
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AMD and Xilinx Merger May Bolster AMD For the Future