AMD agrees to buy Xilinx in $35b stock deal
Xilinx stock surged more than 9% in early trading after it was announced that Advanced Micro Devices will acquire it in a $35 billion stock deal. Reports about late-stage talks between Xilinx and AMD first surfaced last week, suggesting a price tag of $30 billion.Q3 2020 hedge fund letters, conferences and moreXilinx stock jumps after AMD's $35 billion stock dealWhen investors initially heard the $30 billion price tag, they reacted positively, but that optimism has increased even further with the higher $35 billion price. AMD's purchase of Xilinx will ratchet up its fight against Intel for bus...