Xilinx stock goes up, AMD stock goes down after $35B buyout

Advanced Micro Devices (AMD) has officially acquired San Jose chipmaker Xilinx for a moustache-twirling $35 billion. The deal is this year’s second largest tech disclosed acquisition, behind NVIDIA’s $40 billion buyout of mobile phone chipmaker Arm in September. As a result, Xilinx (XLNX) shareholders will get 1.7234 AMD shares for each XLNX share held at the time of the acquisition. “Based on the exchange ratio, this represents approximately $143 per share of Xilinx common stock,” reads an AMD press release. (If the visualizations below don’t show, try reloading this page in your browser’s “Desktop Mode.” 2020 tech acquisition list source:…

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