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 […]
Read MoreSome companies have had a rough go of the acquisition game in recent memory, but not AMD. AMD’s riding high with a successfully cleared purchase of Xilinx. Less than a week after NVIDIA’s attempted acquisition of Arm imploded, AMD announced that it successfully acquired Xilinx, having passed all relevant regulatory hurdles and made it over […]
Read MoreXilinx, the American chip company, has announced that it has won a deal to supply chips to Samsung’s networking equipment. The company’s Adaptive Compute Acceleration Platform (ACAP) will be used in the South Korean giant’s 5G network infrastructure equipment.Samsung has been gradually expanding its mobile network infrastructure business over the past few years, and it […]
Read More
