AMD's Rumored $30 Billion Xilinx Acquisition Could Supercharge the Stock
Advanced Micro Devices (NASDAQ: AMD) is reportedly in advanced negotiations to purchase chipmaker Xilinx (NASDAQ: XLNX) in a deal that could be worth $30 billion. Finalization of the deal could make AMD a superpower in the semiconductor industry as it would get its hands on a company that could turn out to be a good fit for its existing businesses and expand the chipmaker's reach into new, fast-growing tech trends.
Let's take a look at some of the ways Xilinx could supercharge AMD stock in the long run.
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Source Fool.com
