Editor's Picks PC Tech News

AMD in Talks to Buy Rival Xilinx in $30 Billion Deal

Now this could be interesting and if the deal goes through, they could compete more strongly against Nvidia and Intel is the AI/Server market space.

Taken from Yahoo Finance … Advanced Micro Devices Inc. is in advanced discussions to buy Xilinx Inc. in a takeover that could be valued at $30 billion, according to people familiar with the matter.

The deal could come together as early as next week, though things remain in flux, the people said, asking not to be identified discussing a private deal.

A combination with Xilinx would give AMD Chief Executive Officer Lisa Su more of the pieces needed to break Intel Corp.’s stranglehold on the profitable market for data-center computer components. It would follow moves by rival Nvidia Corp., which bought Mellanox Technologies Ltd. and aims to use its pending acquisition of Arm Ltd. to grab more of that business.

Acquiring Xilinx, which makes programmable chips for wireless networks, would also help AMD expand into a new market just as telecommunications carriers spend billions to build fifth-generation, or 5G, networks.

Read more: Watch Chip Stocks Again on NXP Beat, AMD-Xilinx Takeover Report

What Bloomberg Intelligence Says

AMD’s interest in Xilinx is both a shield and a sword against Intel’s diverse data-center computing assets, Nvidia’s GPUs, Mellanox’s assets and its potential purchase of U.K.-based Arm. Xilinx’s FPGAs would expand AMD’s computing variety, widening its CPU and GPU capability into AI and networking. The deal may also be financially accretive.

– Anand Srinivasan and Marina Girgis, analysts.

Source: Yahoo Finance



Related Articles

First VESA DisplayPort 2.0 Video Source and Sink Devices Complete UHBR (ULTRA-HIGH BIT RATE) Certification


ASUS Launches ROG Crosshair VIII Extreme Motherboard


AMD is Planning RDNA-Based GPU for Crypto Mining


Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More