Advanced Micro Devices reported a sharp increase in quarterly sales, driven by strength in its data-center business where rival Intel has been stumbling, but issued a muted outlook for the current per...
Tag: xilinx
Ahead of Xilinx Deal’s Close, the Outsized Growth Comes at a Price
With the necessary approvals now in place, the Advanced Micro Devices (AMD)/Xilinx deal will most likely close this week. However, Raymond James’ Chris Caso notes that due to AMD’s continued success s...
AMD Stock Rises As Chipmaker Completes Xilinx Acquisition
Advanced Micro Devices (AMD) on Monday completed the largest acquisition in semiconductor industry history with its $49 billion purchase of Xilinx. AMD stock rose on the news. X In a news release, AMD...
AMD’s $49 billion Xilinx deal closes, company names CEO Lisa Su new board chair
Advanced Micro Devices Inc. shares AMD, +3.26% are up nearly 3% in Monday trading after the chipmaker announced that its $49 billion deal for Xilinx has officially closed. AMD also said that Chief Exe...
Xilinx up 7% after announcing record third-quarter revenue
Xilinx (NASDAQ: XLNX) was up 3% after it announced it brought in $1.01 billion in the third quarter of the 2021 fiscal year. This revenue was more than the $956.8 million estimations. The company also...
China Approves AMD’s $35 Billion Acquisition of Xilinx
(Bloomberg) — Chinese regulators have granted approval for Advanced Micro Devices Inc. to buy Xilinx Inc., clearing the way for one of the largest deals to emerge from the global semiconductor i...
SoFi Stock Set to Rise on the Company’s Growth
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Xilinx Stock Slips as Takeover by AMD Pushed Back to First Quarter of 2022
Text size Photograph by Magnus Engo Xilinx shares were declining Friday after its acquisition by larger semiconductor rival Advanced Micro Devices was pushed into the first quarter of 2022. “While we ...
AMD Stock: AMD Purchase Of Xilinx Delayed By Regulatory Reviews
Chipmaker Advanced Micro Devices (AMD) still expects to complete its acquisition of Xilinx (XLNX) but regulatory reviews have taken longer than expected. AMD stock dipped Friday. X Santa Clara, Calif....
AMD Stock Fell to Its Lowest Price in Months. Why It’s Dropping Again.
Text size AMD Ryzen Threadripper Courtesy AMD Advanced Micro Devices was downgraded to Neutral from Overweight by analysts at Piper Sandler, who said the downgrade was driven by, among other factors, ...