Paul van Gerven
29 October 2020

Confirming rumors that surfaced two weeks ago, AMD has announced the acquisition of Xilinx for 35 billion dollars in stock. According to the companies, the combination will create an industry leader in high-performance computing that will capitalize on opportunities in the industry’s most important growth segments, from the data center to gaming, PCs, communications, automotive, industrial, aerospace and defense.

Credit: AMD

After Nvidia’s 40 billion dollar bid for Arm, the AMD-Xilinx acquisition is the second semiconductor megadeal of 2020. According to data compiled by Bloomberg, a total of 110 billion dollars in chip M&A deals has been announced this year, rapidly approaching the 122 billion dollar record set in 2016.