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Xilinx stock goes up, AMD stock goes down after $35B buyout

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The AMD/Xilinx deal is this year’s second largest tech acquisition that’s been disclosed, behind NVIDIA’s $40 billion buyout of Arm in September.
Advanced Micro Devices (AMD) has officially acquired San Jose chipmaker Xilinx for a moustache-twirling $35 billion. The deal is this year’s second largest tech disclosed acquisition, behind NVIDIA’s $40 billion buyout of mobile phone chipmaker Arm in September. As a result, Xilinx (XLNX) shareholders will get 1.7234 AMD shares for each XLNX share held at the time of the acquisition. “Based on the exchange ratio, this represents approximately $143 per share of Xilinx common stock,” reads an AMD press release. (If the visualizations below don’t show, try reloading this page in your browser’s “Desktop Mode.

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