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🌞AMD finally closes record chip industry deal with estimated $50 billion purchase of Xilinx

🦅Here is what we know :

Semiconductor designer Advanced Micro Devices Inc (AMD) said on Monday it has finalized the purchase of Xilinx Inc in a record chip industry deal valued at about $50 billion, giving it an extra edge in the key data center market.
The closing of the deal comes on the heels of Nvidia Corp's decision to abandon its plans to buy SoftBank-owned Arm Ltd, citing regulatory hurdles.
AMD's transaction moved ahead with all necessary approvals for the acquisition.

AMD Chief Executive Officer Lisa Su told Reuters that, between AMD's processor technologies and Xilinx's system on chips and field programmable chips, the two businesses are complimentary. "That was our focus in talking to the regulatory authorities across the world," Su said. She added that Arm was an important partner for AMD but declined to say more about Arm's possible next steps.
The deal, announced in October 2020, was originally valued at $35 billion, but the rise of AMD's stock value has pushed up the price tag

🦅ETS CEO is anticipating AMD will most certainly discontinue or make obsolete Xilinx product offerings in a effort to bolster their market control with their prized AMD lines.
Translation : If you buy Xilinx, buy now to avoid production shortages!

🦅 ETS had been filling Xilinx Semiconductor shortages for 25 years.

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