According to The WSJ, Advanced Micro Devices (AMD) is in advanced talks to buy Xilinx (XLNX)


Stock Xilinx, Inc. Symbol XLNX
Date Announced 10/08/2020 Source The Wall Street Journal
Type Unsolicited Bid Acquiring Company/Person Advanced Micro Devices, Inc.
Date of Confirmation: 10/27/2020 Price at Confirmation: $114.55
Potential Profit: -5.28% Annualized Profit: -101.50%

Advanced Micro Devices (AMD) is in advanced talks to buy rival chip maker Xilinx (XLNX), in a deal that could be valued at more than $30 billion and mark the latest big tie-up in the rapidly consolidating semiconductor industry.

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