Another big chip deal in 2020; AMD buys Xilinx for $35 bn

AMD is buying Xilinx for $35 bn in an all-stock deal that will combine the two chipmakers.  AMD shareholders will own about 74% of the combined company, while Xilinx’s owning 26%. The deal will allow AMD competing fiercely with Intel, at a time COVID-19 is driving demand for tech. Nvidia, announced buying of Arm Holdings for up to $40 bn while Maxim Integrated Products was snapped up by Analog Devices for more than $20 bn.

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