AMD’s market cap surges past Intel following acquisition of Xilinx

AMD’s market cap just surpassed Intel’s for the first time ever. At market’s close on February 15, 2022, AMD hit a market cap of roughly $197.75 billion compared to Intel’s $197.24 billion. The sudden jump in AMD’s market cap occurred due to the company acquiring Xilinx. The purchase, which closed earlier this week, converts 248.38 […]

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