AMD buying Xilinx for 35 billion?

[Kshipper]

Good gravy why?

As world goes online in pandemic, another mammoth chip deal

SAN JOSE, Calif. (AP) — Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry.

apnews.com

 

[cliffordcooley]

Perhaps there is an answer for you in this article.

AMD announces $35 billion acquisition of Xilinx on the back of another record-setting...

Per the agreement, Xilinx shareholders will receive 1.7234 shares of AMD common stock for every Xilinx share they own at the time the transaction closes. Based on...

www.techspot.com

 

[Kshipper]

Oh awesome! Thanks for the link! I missed that story =)