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xilinx, amd news

January 16th, 2021 at 6:49 pm | Posted in Uncategorized | No Comments

... John Divine is a senior investing reporter for U.S. News & World Report, ... Nvidia vs. Advanced Micro Devices. Computer-chip designer AMD will buy industry peer Xilinx in a $35 billion all-stock deal, the companies announced Tuesday. Xilinx-AMD News: XLNX Stock Flies on $35 Billion AMD Deal Nick Clarkson 10/27/2020. Today, AMD and Xilinx announced they have entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at $35 billion. The deal announced Tuesday puts AMD in a place it wants to be; competing more fiercely with Intel. The transaction is expected to immediately benefit AMD’s margins, while bringing together two businesses with complementary product portfolios and customers. Today, AMD and Xilinx announced they have entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at $35 billion. AMD to acquire chipmaker Xilinx for $35B as chipmakers race to be the biggest. AMD’s better-performing products have helped it capture nearly 20 percent of the market for central processor units, which has driven its stock price up 68 percent this year as of Monday. The blockbuster acquisition will unite two leading developers of semiconductors and further ramp up AMD’s bid to challenge Silicon Valley titan Intel, particularly in the rapidly growing data center business. In connection with the proposed transaction, Advanced Micro Devices, Inc. (AMD) intends to file with the SEC a registration statement on Form S-4 that will include a joint proxy statement of AMD and Xilinx, Inc. (Xilinx) and that also will constitute a prospectus with respect to shares of AMD’s common stock to be issued in the proposed transaction (the “joint proxy statement/prospectus”). The obvious answer is that AMD is looking to boost its data center offering with particular emphasis on AI acceleration, a rapidly growing and lucrative market. You can see the full roster of Intel's AgileX FPGAs that come as a result of the Xilinx acquisition here. Altera was historically aligned with Arrow Electronics Inc. The combination will offer a portfolio of processor technologies, combining CPUs, GPUs, FPGAs, Adaptive SoCs and software expertise to enable computing platforms for cloud, edge and end devices. Sitemap ET, the man who recommended Google before anyone else will reveal his #1 stock pick for 2021 — for FREE — ticker symbol and all — in a special presentation. Additional Information about the Acquisition and Where to Find It. Xilinx are very flexible and the tooling makes them even more effective. On the date of publication, Nick Clarkson did not have (either directly or indirectly) any positions in the securities mentioned in this article. Therefore, AMD likely wants to bundle its new Epyc CPUs with Xilinx's FPGAs to gain ground against Intel in the tough data center market. Rumors of the deal surfaced a couple of weeks ago (see Opinion: Data centre AI drives $30bn AMD-Xilinx deal) but AMD has pitched the bid as an all-share deal at a higher value of $35 billion.. NYC eateries beg Gov. The big question will be whether AMD can leverage Xilinx… Both AMD and Xilinx develop processors that are used in devices such as computers, gaming systems and data centers that power internet-based services and applications. In fact, with only $1.78 billion in the bank in the quarter ended in June, it will have to issue shares to buy Xilinx and that will dilute the value of AMD … 1 provider of adaptive computing solutions, increases AMD TAM to $110 billion Immediately accretive to AMD margins, cash flow and EPS All stock transaction with combined enterprise value of approximately $135 billion Lisa Su: ... and Xilinx will help AMD execute on its base business. AMD is closing in on a deal to acquire FPGA specialist Xilinx. AMD’s stockholders will own about 74 percent of the combined company, while Xilinx shareholders will control the other 26 percent, according to a news release. News that AMD might acquire Xilinx was quite a surprise after the Nvidia–ARM consolidation, but not surprising. American chipmaker Advanced Micro Devices (AMD) on Tuesday announced a $35 billion deal to acquire technology company Xilinx as it seeks to bolster it.. Rumor mill: AMD is reportedly in the advanced stages of buying field-programmable gate array (FPGA)-maker Xilinx for more than $30 billion. 2 Based on an AMD price of $82.9726, which is the average of AMD’s daily volume weighted average prices per share for the 10 consecutive trading day period up to and including October 8, 2020, the last trading day prior to media reports regarding a potential transaction between AMD and Xilinx. AMD and Xilinx have announced they have entered into a definitive agreement for the former to acquire the latter in an all-stock transaction valued at US$35 billion. AMD’s stockholders will own about 74 percent of the combined company, while Xilinx shareholders will control the other 26 percent, according to a news release. Does an AMD-Xilinx deal make sense, and why is AMD interested in Xilinx? Xilinx, the No. AMD CEO Lisa Su on $35 billion all-stock deal with Xilinx Semiconductor designer Advanced Micro Devices on Tuesday said it has agreed to buy Xilinx in … AMD CEO Dr. Lisa Su will lead the combined company as CEO. The deal comes as AMD snaps up a greater share of the market from Intel, which still manufactures its own chips but has struggled to match the quality of those produced by TSMC. The terms of the deal will give Xilinx stockholders about 1.7 AMD shares for each of their Xilinx shares. AMD is also pushing into GPUs, FPGA, Adaptive SoCs and software with an aim at computing platforms for cloud, edge, and other IoT/end devices. Strategic transaction strengthens AMD’s industry-leading technology portfolio. The deal is now official after rumors began swirling earlier this month. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services ... An acquisition of Xilinx would put AMD … 807, This story has been shared 712 times. All rights reserved. AMD has announced it will be acquiring Xilinx in a gigantic deal worth $35 billion, literally on the eve before its huge RDNA 2 reveal event for the Radeon RX 6000 series graphics cards. Xilinx is an exclusive supplier to Avnet Inc., which has carried the line since the late 1980s. Terms of Use AMD's $35 billion purchase of Xilinx is a play to combine two companies executing well and become a data center juggernaut. Interview with Dr. Lisa Su, AMD's CEO, on the new Ryzen 5000 Series Mobile lineup, Apple's M1 chip, supply shortages, AMD's acquisition of Xilinx, and more — Following the keynote press conference, AMD invited a number of key press partners for some Q&A time with Dr. Lisa Su. $35 billion biggest to date. “Our acquisition of Xilinx marks the next leg in our journey to establish AMD as the industry’s high performance computing leader and partner of choice for the largest and … 1125 N. Charles St, Baltimore, MD 21201. “Our shared cultures of innovation, excellence and collaboration make this an ideal combination,” Peng said in a statement. Nick Clarkson is a web editor at InvestorPlace. According to the Wall Street Journal , which was tipped off by people familiar with the matter, the deal could be worth >$30bn. M&A News: Xilinx (XLNX) Stock Surges on Possible AMD Deal Buzz The deal would be valued around $30 billion, and could be done next week By Nick Clarkson , … Importantly, both companies said they expect the deal to close by the end of 2021. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Nintendo Switch Deals Black Friday 2020. Advanced Micro Devices (AMD) on Tuesday announced an all-stock deal worth $35 billion to buy Xilinx (XLNX) in a move to expand its growing data … We've received your submission. For Xilinx’s part, president and CEO Victor Peng said the deal will help speed up the growth of its data center business and “enable us to pursue a broader customer base across more markets.” He’ll be a president in charge of the Xilinx business at the combined company, which Su will lead as CEO. Xilinx-AMD News: XLNX Stock Flies on $35 Billion AMD Deal, 9 Hot Stocks to Buy Now to Profit off Chinese Markets, 7 Long-Term Stocks To Buy You’ll Want To Hang Onto, Louis Navellier and the InvestorPlace Research Staff, AMD Stock Has Too Many Catalysts to Ignore, Matt McCall and the InvestorPlace Research Staff, Nio Stock Could Jump to Nearly $100 Per Share, CCIV Stock: What to Know About Churchill Capital Shares After Trading Halt, NIO Stock: 2 Big Reasons Why EV Maker Nio Is Dipping Today, 7 Dividend Stocks That Are Growing Their Payouts, 17 Stocks to Buy to Play the Shift to Transportation 2.0. Advanced Micro Devices to acquire Xilinx in $35B all-stock deal SA News Tue, Oct. 27, 2020 114 Comments AMD reports earnings on Tuesday after Intel's Q3 disaster - what to watch Moreover, here are a few other things to know about the deal and why XLNX stock is rising: XLNX stock was up more than 10% as of Tuesday morning. Your California Privacy Rights Cuda, nvenc, cudnn etc craps all over amd's offerings in the same space where they are even available. AMD (AMD) to Acquire Xilinx (XLNX) for $35 Billion in All-Stock Deal Article Related Press Releases ( 1 ) Related Articles ( 1 ) Stock Quotes (2) FREE Breaking News Alerts from StreetInsider.com! Xilinx 's (NASDAQ:XLNX) stock recently popped after The Wall Street Journal claimed AMD (NASDAQ:AMD) was mulling a takeover of the programmable … AMD and Xilinx have announced they have entered into a definitive agreement for the former to acquire the latter in an all-stock transaction valued at US$35 billion. The companies rely on manufacturing partners — namely Taiwan Semiconductor Manufacturing Co., or TSMC — to make their products. 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