AMD's $35 billion Xilinx acquisition will help it steal more market share away from Intel - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Business Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.

a deal to purchase rival chipmaker Xilinx for $35 billion. The purchase price is $5 billion shy of the industry record set in September, when Nvidia agreed to purchase semiconductor designer Arm for $40 billion.Business Insider Intelligenceto purchase its rival Maxim Integrated Products for $20 billion. All three blockbuster deals require regulatory approval across global markets such as the US, the EU, and China.

$1.1 billion in revenues from its Enterprise, Embedded, and Semi-Customer segment, more than double revenues from the preceding quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AMD to the moon, how about we talk In two years and see where we are at! Great Job on Lisa’s part, she Is terrific.

Go Big, cut workforce, make billions...sounds like the American Dream

AMD XilinxInc When you acquire another company, the success of your investment will always depend on the competence of those who run this company. Why take that risk when today you can take control of another company and obtain incredible benefits without having to acquire it.

This or any other acquisition does not guarantee that a company will gain control of the market, in fact when the demand for its products or services is affected by another crisis they will suffer the same or worse losses than any other smaller company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines