SMT, PCB Electronics Industry News
  • SMTnet
  • »
  • Industry News
  • »
  • Fairstock HK Limited: China Approves AMD's $35 Billion Acquisition of Xilinx

Fairstock HK Limited: China Approves AMD's $35 Billion Acquisition of Xilinx

Jul 21, 2022

Chinese regulators have granted approval for Advanced Micro Devices Inc. to buy Xilinx Inc., clearing the way for one of the largest deals to emerge from the global semiconductor industry.

The State Administration for Market Regulation has cleared the deal with certain conditions, the antitrust watchdog said in a statement. It asked AMD not to discriminate against Chinese clients and to continue supplying Xilinx’s products to the country, after determining the deal could exclude or limit competition. The acquisition had already won the blessing of regulators in the U.S., Europe, and U.K., among other jurisdictions.

Xilinx’s shares gained more than 6% in pre-market trading in New York, while AMD rose slightly. The U.S. chipmaker, which competes with Intel Corp. and Nvidia Corp. in computer and graphics processors, unveiled the deal in 2020. Chief Executive Officer Lisa Su’s signature deal was intended at the time to help AMD re-double efforts to challenge Intel for the lead in chips.

Buying Xilinx, a maker of programmable silicon, will take AMD into areas such as automotive and communications networking, while bolstering its offerings in the lucrative market for cloud data center components.

AMD has made this strategic transaction with an aim to strengthen the company's technology portfolio and expand its rapidly growing data center business amid strong competition.

Aug 04, 2022 -

Fairstock hk limited: Sony Sees Profit Rise Despite Waning Interest in Video Games

Aug 04, 2022 -

Fairstock hk limited: Industrial-chip makers are faring better as demand holds up

Aug 01, 2022 -

Fairstock HK Limited-Intel Debuts Data-Center Chips Aimed at Fending Off AMD

Aug 01, 2022 -

Fairstock HK Limited-Qualcomm Gives Lackluster Forecast, non-phone chip sales surge, but fall short of some estimates

Jul 29, 2022 -

Fairstock HK limited: Data-Center Chip Sales Fuel Upbeat Forecast of Advanced Micro Devices Inc

Jul 29, 2022 -

Fairstock HK Limited: Ambarella, Inc. Drops as Analysts See Risks From Chinese Tech Blacklist

Jul 29, 2022 -

Fairstock HK Limited: Analog Devices Sees Revenue at High-End of Its Quarterly Forecast

Jul 28, 2022 -

Fairstock hk limited: Marvell Acquired Inphi for $10 Billion

Jul 28, 2022 -

Fairstock HK Limited: STMicro and GlobalFoundries Set to Announce French Chip Factory

Jul 27, 2022 -

Fairstock HK Limited: Texas Instruments' Rosy Forecast Counters Fears of Slowdown

10 more news from Fairstock hk limited »

Oct 06, 2022 -

MacDermid Alpha to Present Automotive Traction Module Attach by Silver Sintering at IEMT Conference 2022

Oct 06, 2022 -

PRIDE Industries Observes National Disability Employment Awareness Month

Oct 06, 2022 -

Women's Leadership Program Presentation to Discuss Growth, Leadership and Self-Actualization during SMTA International 2022

Oct 06, 2022 -

KYZEN to Deliver a Range of Cleaning Solutions at SMTA Long Island

Oct 06, 2022 -

The TPCA - Taiwan Printed Circuit Association Show Taipei - 26.10.2022 - 28.10.2022 – Booth L-629

Oct 06, 2022 -

Cybord Release 'Traceability as a Productivity Tool' White Paper

Oct 06, 2022 -

VAS Engineering Selects New Nordson Assure FLEX E Component Counter

Oct 06, 2022 -

PVA Valve Tool Changer Nominated for New Product of the Year

Oct 06, 2022 -

Wireless Strain & Stress Measurement with the Kyowa MRS-100 Series

Oct 06, 2022 -

Visit KYZEN at SMTA Utah to Optimize Your Cleaning Needs

See electronics manufacturing industry news »

Fairstock HK Limited: China Approves AMD's $35 Billion Acquisition of Xilinx news release has been viewed 201 times

  • SMTnet
  • »
  • Industry News
  • »
  • Fairstock HK Limited: China Approves AMD's $35 Billion Acquisition of Xilinx
ICT Total SMT line Provider

IPC Training & Certification - Blackfox