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 ...

Review Article Be the first to review this article

New Customer Special

Featured Video
Latest Blog Posts
Colin WallsEmbedded Software
by Colin Walls
Time for a new programming paradigm?
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Automatic Handling of Register Clock Domain Crossings
Modesto (Mo) CasasGlobal Business in EDA
by Modesto (Mo) Casas
Globalizing Sales in a COVID-19 Environment
Graduate Hardware Engineer for arm at Austin, Texas
Senior Application Engineer Formal Verification for EDA Careers at San Jose and Austin, California
Product Line Manager for EDA Careers at Multiple, North Carolina
Upcoming Events
SystemC Evolution Day at Germany - Oct 29, 2020
2020 International Conference On Computer Aided Design at San Diego Mission Bay Resort San Diego CA - Nov 2 - 5, 2020
International Conference on Computer Aided Design (ICCAD) 2020 at San Diego Mission Bay Resort San Diego CA - Nov 2 - 5, 2020

© 2020 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