AS WORLD GOES ONLINE IN PANDEMIC, ANOTHER MAMMOTH CHIP DEAL
Techlife News|Techlife News #470
Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chipmakers and accelerate an already rapid-fire pace of mergers and buyouts in the industry.

The deal announced puts AMD in a place it wants to be; competing more fiercely with Intel at a time when a global pandemic is driving demand for tech ever higher.

More Zoom meetings, more orders online, and more upgrades for companies trying to meet the new demands of millions staying at home have led to a seemingly insatiable appetite for computer chips.

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