AMD is planning to buy Xilinx according to Wall Street Journal

October 10, 2020 -- Xilinx stock leaped as much as 17% on Friday after The Wall Street Journal reported Advanced Micro Devices is in talks to buy the firm for more than $30 billion.

A deal, which could mark the latest big tie-up in the rapidly consolidating semiconductor industry, can come together as soon as next week.

The two companies are very different -  AMD is a leading maker of central-processing units (CPUs) and graphics processors, which are used for some of the hottest growth markets and aimed at both consumers and companies. In contrast, Xilinx makes FPGAs that can be reprogrammed and are primarily used for industrial and defense applications.

AMD’s sales rose 26% in its June quarter from a year earlier; revenue at Xilinx revenue fell 14% in the same period. AMD’s shares were the No. 1 performers in the S&P 500 Index in each of the last two years and are up more than 80% again this year, while Xilinx stock has lagged largely due to Trump's trade war with China where he has banned Xilinx to sell chips to one of its major customer - Huawei. 

 
 
 


Read the complete story ...
Featured Video
Jobs
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
CAD Engineer for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise