zarathustra Posted October 27, 2020 Report Share Posted October 27, 2020 The coronavirus pandemic has forever changed the microchip industry, kicking its consolidation into high-gear as people rely more on massive data centers to host their video conferences and other productivity services. Capping off a year of massive change for semiconductors, AMD agreed to buy rival chipmaker Xilinx in a $35 billion deal. The two companies announced Tuesday that the all-stock transaction will create the industry's largest high-performance computing company and further bolster AMD's growing portfolio. Combined, it will have 13,000 employees with the deal expected to close at the end of 2021. Together, the companies are hoping to further establish itself against Intel and other rivals as demand booms for chips needed for computers, cars and aerospace. "Our acquisition of Xilinx marks the next leg in our journey to establish AMD as the industry's high performance computing leader and partner of choice for the largest and most important technology companies in the world," AMD CEO Dr. Lisa Su said in a statement Shares of AMD (AMD) fell in 5% in premarket trading, while Xilinx (XLNX) stock soared 10%. It's the latest and largest move under Su, which has reversed AMD's declines since taking over in 2014. Since she became CEO, the company's shares are up more than 1,300%, despite the fact that AMD, like many tech companies, has taken hits from the US-China trade war and, more recently, from disruptions caused by coronavirus. AMD also released earnings early Tuesday, reporting a 56% jump in sales to $2.8 billion. "Strong customer momentum drove our fourth straight quarter of greater than 25% year-over-year revenue growth," the company said. The acquisition marks the latest big tie-up in the rapidly consolidating semiconductor industry. Earlier this month, Intel (INTC) sold part of its memory chip business to SK Hynix for $9 billion in a deal that would make the South Korean company the world's second biggest flash memory chipmaker. And Nvidia (NVDA), known mainly for making chips for video game graphics, announced recently that it would acquire UK-based chip designer Arm for $16 billion. Quote Link to comment Share on other sites More sharing options...
zarathustra Posted October 27, 2020 Author Report Share Posted October 27, 2020 Dr Lisa Su, take a bow for her Quote Link to comment Share on other sites More sharing options...
hyperbole Posted October 27, 2020 Report Share Posted October 27, 2020 Wow!!what a turn around for AMD, they were in death bed for 10 years and still came back with a bang. If I remember They were literally trading $2 in 2014-2015 Quote Link to comment Share on other sites More sharing options...
zarathustra Posted October 27, 2020 Author Report Share Posted October 27, 2020 3 minutes ago, hyperbole said: Wow!!what a turn around for AMD, they were in death bed for 10 years and still came back with a bang. If I remember They were literally trading $2 in 2014-2015 Yes that was before Dr. Lisa Su took charge of AMD. After she took charge, they staged a complete turnaround. BS MS PhD in MIT, uttiga isthara Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 27, 2020 Report Share Posted October 27, 2020 AMD stock is at peak hype moment right now due the RDNA2 card reveal on Oct 28 and zen3 processors sale on Nov 5 . They are going for a stock swap for data center push as intel already purchased altera but I still think the valuation is too high . i honestly have clue what synergies they have 1 Quote Link to comment Share on other sites More sharing options...
Somedude Posted October 27, 2020 Report Share Posted October 27, 2020 1 minute ago, Ryzen_renoir said: AMD stock is at peak hype moment right now due the RDNA2 card reveal on Oct 28 and zen3 processors sale on Nov 5 . They are going for a stock swap for data center push as intel already purchased altera but I still think the valuation is too high . i honestly have clue what synergies they have Do you work for AMD? Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 27, 2020 Report Share Posted October 27, 2020 2 minutes ago, Somedude said: Do you work for AMD? Nein Quote Link to comment Share on other sites More sharing options...
Boomer Posted October 27, 2020 Report Share Posted October 27, 2020 Nice Quote Link to comment Share on other sites More sharing options...
keviinusa Posted October 27, 2020 Report Share Posted October 27, 2020 7 minutes ago, Ryzen_renoir said: AMD stock is at peak hype moment right now due the RDNA2 card reveal on Oct 28 and zen3 processors sale on Nov 5 . They are going for a stock swap for data center push as intel already purchased altera but I still think the valuation is too high . i honestly have clue what synergies they have how ?? Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 27, 2020 Report Share Posted October 27, 2020 Just now, keviinusa said: how ?? Stock swap ,Xilinx shareholders get 1.7234 AMD shares per Xilinx share. Great deal for xilinx shareholders , not so much for AMD shareholders in the short term Quote Link to comment Share on other sites More sharing options...
keviinusa Posted October 27, 2020 Report Share Posted October 27, 2020 5 minutes ago, Ryzen_renoir said: Stock swap ,Xilinx shareholders get 1.7234 AMD shares per Xilinx share. Great deal for xilinx shareholders , not so much for AMD shareholders in the short term stocks gurinchi antunnava nenu products gurinchii antunnavemo anukunna Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 27, 2020 Report Share Posted October 27, 2020 6 minutes ago, keviinusa said: stocks gurinchi antunnava nenu products gurinchii antunnavemo anukunna AMD stock ippudu peak hype stage lo undhi since their recent zen3 processors crush anything intel has to offer at much lower power usage . RDNA2 graphic card reveal tomorrow , already being used in XBOX , PS5 . Now coming to PC but these aren't expected to beat industry leader nvidia but they will competitive in over a decade . Even in server space EYPC are much faster than intel xeon Even in laptop / OEM market AMD products simply outclass anything intel has to offer . As a company ,AMD is at all time peaks and that reflects on the stock . 1 Quote Link to comment Share on other sites More sharing options...
r2d2 Posted October 27, 2020 Report Share Posted October 27, 2020 42 minutes ago, Ryzen_renoir said: i honestly have clue what synergies they have insider spotted... Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 27, 2020 Report Share Posted October 27, 2020 4 minutes ago, r2d2 said: insider spotted... I wish Quote Link to comment Share on other sites More sharing options...
keviinusa Posted October 27, 2020 Report Share Posted October 27, 2020 24 minutes ago, Ryzen_renoir said: AMD stock ippudu peak hype stage lo undhi since their recent zen3 processors crush anything intel has to offer at much lower power usage . RDNA2 graphic card reveal tomorrow , already being used in XBOX , PS5 . Now coming to PC but these aren't expected to beat industry leader nvidia but they will competitive in over a decade . Even in server space EYPC are much faster than intel xeon Even in laptop / OEM market AMD products simply outclass anything intel has to offer . As a company ,AMD is at all time peaks and that reflects on the stock . tassadiyya monna intel powered laptop konna munde telisinte amd powered laptop konevadini overheating issues vuntayi AMD processors ki ani maggu chupale. Quote Link to comment Share on other sites More sharing options...
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