Home Tags Stock

Tag: Stock

Warren Buffett said: `` Volatility is far from synonymous with risk. '' It is natural to consider a company
US semiconductor designer Advanced Micro Devices (AMD) has agreed to buy Xilinx, another US chipmaker, in a $ 35 billion all-stock deal, he said Tuesday The deal, which AMD plans to close in late 2021, would...
Advanced Micro Devices Inc on Tuesday morning announced its intention to acquire Xilinx Inc in an all-stock transaction valued at $ 35 billion, confirming the recent
SAN JOSE, Calif .-- AMD buys Xilinx for $ 35 billion in an all-stock deal that will combine the two Silicon Valley chipmakers. The deal announced Tuesday puts AMD where it wants to be; competing more fiercely with Intel Xilinx shareholders will receive 17,234 AMD shares for every Xilinx share they own, or about $ 143 per Xilinx share AMD shareholders will own about 74% of the combined company, with Xilinx shareholders owning about 26% The transaction will give AMD a strong portfolio of high-performance processor technologies, combining processors, GPUs, FPGAs, adaptive SoCs, and deep software expertise to enable leading computing platforms for cloud devices, peripherals and terminals"Joining us with AMD will help accelerate the growth of our data center business and allow us to develop a broader customer base in more markets," said Victor Peng, CEO of Xilinx, in a prepared statement.AMD CEO Dr Lisa Su will lead the merged company as CEO Peng will join AMD as chairman, responsible for Xilinx business and strategic growth initiatives At least two Xilinx directors will join the board of directors of AMD once transaction is complete Deal expected by the end of next year Still needs approval from shareholders of both companies Xilinx shares fell nearly 2% before market opened Tuesday, while AMD shares edged up The Associated Press
Advanced Micro Devices has agreed to buy rival chipmaker Xilinx in all-stock deal valued at $ 35 billion
The deal comes amid a wave of consolidation in the chip industry and could help AMD better compete with Intel, especially with chips designed for data centers and other cloud computing applications
After a few weeks of rumors, as well as a few years of hearsay, AMD has started a full acquisition of FPGA maker Xilinx The deal involves an all-stock transaction, leveraging the share price AMD to enable...

Les plus lus en ce moment

Découvrez la réponse maladroite de Melania quand Trump lui demande de sourire pour les...

Un moment gênant entre Donald Trump et sa femme Melania lors d'une séance photo n'est pas passé inaperçu sur Twitter. Lors d'une visite au sanctuaire...

Remaniement du gouvernement: voici enfin l’homme d’affaires derrière la fuite de l’information

Au Cameroun, il y aurait des clans qui, tapis dans l’ombre tentent de torpiller la formation du prochain Gouvernement en balançant de vrai-faux gouvernements...

Sérail: Sassou Nguesso dénonce un manque de respect de Paul Biya

Sassou Nguesso n'a pas pu cacher sa colère à l'aéroport de Brazzaville lorsqu'il a vu le Premier ministre Dion Ngute descendre de l'avion qui...

Attaque d’école: panique à limbe ce mardi matin voici les détails en vidéo

Les forces de l'ordre et de défense ont été déployées à l'Ombe tôt ce mardi matin suite à des informations faisant état de l'attaque...

CAMEROUN-CONFIDENCE: Nogh Ngoh, Chantal Biya et la France préparent un coup du genre ‘Abdelaziz...

Le Ministre d'Etat, SG/PRC est un ministre, à ce titre il est un membre du Gouvernement que préside le PM/CG et il vient donc...