Markets

Xilinx rockets 17% after finalising $35 billion sale to AMD

Xilinx shares soared as much as 17% higher in early Tuesday trading after Advanced Micro Devices agreed to buy the company in a $US35 billion deal. The acquisition is expected to close by the end of 2021, according to a press release. Xilinx shareholders will receive 1.7234 shares of AMD […]
Xilinx rockets 17% after finalising $35 billion sale to AMD