Friday, 24 March, 2023

Another big chip deal in 2020; AMD buys Xilinx for $35 bn

<p>AMD is buying Xilinx for $35 bn in an all-stock deal that will combine the two chipmakers. &nbsp;AMD shareholders will own about 74% of the combined company, while Xilinx&#39;s owning 26%. The deal will allow AMD competing fiercely with Intel, at a time COVID-19 is driving demand for tech. Nvidia, announced buying of Arm Holdings for up to $40 bn while Maxim Integrated Products was snapped up by Analog Devices for more than $20 bn.</p>