Xilinx Acquisition Could Further Cement AMD’s Status as a Chip Powerhouse

Advanced Micro Devices (AMD) has been breathing down rivals Intel and Nvidia’s neck for a while, and it looks as if the traditionally smaller chipmaker is not about to back off any time soon.AMD is reportedly in advanced talks for a $30 billion takeover of semiconductor peer Xilinx (XLNX). Apparently, barring any kinks in the process, an agreement could be sealed even as early as this week.Xilinx makes field programmable gate array (FPGA) chips, which it pioneered back in the 1980s. With over $3 billion in annual sales, the company leads the flexible chips’ market.These are used in several segments …read more

Source:: Yahoo Finance

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