AMD’s $35 bln deal for Xilinx now expected to close in 2022
3 years, 2 months ago

AMD’s $35 bln deal for Xilinx now expected to close in 2022

The Hindu  

Chip company Advanced Micro Devices Inc's $35 billion all-stock deal for peer Xilinx is now expected to close in the first quarter of 2022, delayed from a previous target of end-2021, the companies said on Thursday. AMD announced the deal in October, intensifying its battle with chief rival Intel Corp in the data centre chip market. Amid U.S.-China tensions, chip deals face approval challenges from Chinese regulators, who are known for their lengthy and sometimes opaque antitrust reviews. Chip designing peer Nvidia Corp has been struggling with getting regulatory approval for its deal for UK-based chip firm ARM Ltd, with the U.S. Federal Trade Commission earlier this month suing to block the deal over competition concerns.

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History of this topic

AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips
1 month, 3 weeks ago

AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips

Live Mint  

By Arsheeya Bajwa - AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race. Analysts expect AMD's December-quarter revenue to surge over 22% to $7.53 billion, but the company's growth prospects are shadowed by the …

After Intel, AMD now goes for mass layoffs, fires 4% of all global employees to focus on AI
4 months, 1 week ago

After Intel, AMD now goes for mass layoffs, fires 4% of all global employees to focus on AI

Firstpost  

AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. Despite attempts to gain ground, AMD’s stock is down about 4 per cent this year, reflecting investor concerns over the company’s ability to keep pace in the lucrative …

AMD deal shows AI chip business isn’t just about chips
7 months ago

AMD deal shows AI chip business isn’t just about chips

Live Mint  

Advanced Micro Devices is buying a server company but has no plans to get into the server business. The chip maker better known as AMD unveiled plans Monday to spend $4.9 billion to acquire ZT Systems, a privately held company that designs and manufactures servers and other types of data-center hardware. AMD has a fast-growing business selling GPU accelerator chips …

Intel battles AMD with new data center chips
9 months, 2 weeks ago

Intel battles AMD with new data center chips

The Hindu  

Intel launched its next generation Xeon server processors on Tuesday as it looks to claw back data center market share and revealed that its Gaudi 3 artificial intelligence accelerator chips would be priced much lower than its rivals' chips. The sixth generation Xeon chips are crucial for Intel, which has been steadily losing data center market share to AMD. Intel's …

U.S. officials order Nvidia to halt sales of top AI computing chips to China amidst Taiwan tensions
2 years, 6 months ago

U.S. officials order Nvidia to halt sales of top AI computing chips to China amidst Taiwan tensions

The Hindu  

Chip designer Nvidia Corp. on Wednesday said that U.S. officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms' ability to carry out advanced work like image recognition and hamper a business Nvidia expects to generate $400 million in sales this quarter. Nvidia said U.S. officials told …

Chip Giant AMD to Buy This Cloud Startup For $1.9 Billion: All Details
2 years, 11 months ago

Chip Giant AMD to Buy This Cloud Startup For $1.9 Billion: All Details

News 18  

– Chip designer Advanced Micro Devices said on Monday it would acquire cloud startup Pensando for $1.9 billion to bolster its data center products and capitalize on booming demand from cloud and enterprise sectors. The startup makes a fully programmable processor and a software platform, which helps enterprise clients and data center customers to function more like cloud computing data …

Chip industry underdog's future looks bright
3 years, 1 month ago

Chip industry underdog's future looks bright

The Hindu  

When Intel’s star was ascendant, another chip maker was mostly distant from view. CEO Lisa Su noted that EPYC server chip sales more than doubled in the fourth quarter compared to the same period last year. AMD’s data centre graphics revenue, too, more than doubled in the fourth quarter. High-performance computing customers were buying the company’s Instinct MI200 data centre …

AMD buying Xilinx in all-stock deal valued at $35B
4 years, 4 months ago

AMD buying Xilinx in all-stock deal valued at $35B

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy AMD is buying Xilinx for …

AMD Buys Computer Chip Rival Xilinx for $35 Billion
4 years, 4 months ago

AMD Buys Computer Chip Rival Xilinx for $35 Billion

News 18  

SAN JOSE, Calif.: Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry. Joining together with AMD will help accelerate growth in our data center business and enable us to pursue a broader customer base …

AMD and Xilinx: Pandemic disruptions fuel another mega-chip deal
4 years, 4 months ago

AMD and Xilinx: Pandemic disruptions fuel another mega-chip deal

Al Jazeera  

Advanced Micro Devices is buying Xilinx for $35bn in an all-stock deal that will combine the two Silicon Valley chip-makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry. “Joining together with AMD will help accelerate growth in our data center business and enable us to pursue a broader customer base across more markets,” Xilinx CEO …

AMD Inches Ahead with Improving Fusion Sales
13 years, 7 months ago

AMD Inches Ahead with Improving Fusion Sales

Firstpost  

The PC market, in general may not be witnessing the same growth, it has been in the past few years, but things are beginning to look slightly better for AMD. The PC market in general may not be witnessing the same growth, it has been in the past few years, but things are beginning to look slightly better for AMD. …

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