On Tuesday, AMD announced that it would be acquiring Xilinx in an all-stock transaction valued at $35 billion. Advanced Micro Devices(AMD) specialises in making chips for personal computers, especially gaming PCs. Whereas, Xilinx’s highly-flexible programmable silicon, enabled by a suite of advanced software and tools is designed to drive rapid innovation across a variety of industries and technologies. With this purchase, AMD looks to diversify its market share and customer reach, which would definitely send warning signals to its competitors like Intel.
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