Xilinx has been working to penetrate data centres with programmable processors that help speed up specialised tasks such as compressing videos or providing digital encryption. — Reuters
Semiconductor designer Advanced Micro Devices Inc (AMD) on Oct 27 said it has agreed buy Xilinx Inc in a US$35bil (RM145.81bil) all-stock deal that will intensify its battle with Intel Corp in the data centre chip market.
The deal, which AMD expects to close at the end of 2021, would create a combined firm with 13,000 engineers and a completely outsourced manufacturing strategy that relies heavily on Taiwan Semiconductor Manufacturing Co Ltd (TSMC). The two US firms have benefited from a more nimble approach to grab market share from Intel, which has struggled with internal manufacturing.
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