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October 27, 2020 11:59 am GMT

AMD grabs Xilinx for $35 billion as chip industry consolidation continues

The chip industry consolidation dance continued this morning as AMD has entered into an agreement to buy Xilinx for $35 billion, giving the company access to customers requiring chips with high performance workloads like artificial intelligence. AMD sees this deal as combining two companies that complement each other’s strengths without cannibalizing its own markets. CEO […]

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