Friday, October 30, 2020

AMD grabs Xilinx for $35 billion in expansion play

The rumors were true, only the price was off. AMD formally announced this week it intends to acquire FPGA maker Xilinx for $35 billion, not $30 billion as originally rumored.

Xilinx is the biggest maker of field-programmable gate array (FPGA) chips, a class of chips that can be reconfigured for a variety of specialized tasks by the end user. They are especially popular in vertical markets like automotive and cellular base stations, where a chip can be reprogrammed for a new or special task.

Analysts see Xilinx as an AI play for AMD, which has lagged behind Nvidia in the race for machine learning (ML) and inference.

To read this article in full, please click here


Thanks to Andy Patrizio (see source)

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