AMD buys computer chip rival Xilinx for $35 billion

New York (AFP) Oct 27, 2020

Advanced Micro Devices said Tuesday it had struck a deal to buy computer chipmaking rival Xilinx in a $35 billion megadeal that consolidates the sector which is being transformed by the global pandemic. The tie-up will help AMD ramp up its challenge to Intel for personal computer chips and broaden its portfolio to products for data centers, industrial systems and other sectors. "The comb