AMD's $35 Billion Proposal to Xilinx Is Less About NVIDIA, More About Taking On Intel

AMD's $35 Billion Proposal to Xilinx Is Less About NVIDIA, More About Taking On Intel
AMD's $35 Billion Proposal to Xilinx Is Less About NVIDIA, More About Taking On Intel
Nicholas Rossolillo, The Motley Fool

Rumors recently surfaced that AMD (NASDAQ: AMD) was in advanced talks to acquire peer Xilinx (NASDAQ: XLNX). On the surface, this move may look like little more than a sideshow given rival NVIDIA's (NASDAQ: NVDA) $40 billion offer to take over SoftBank subsidiary ARM Holdings. For every one share Xilinx shareholders own, they will receive 1.7234 shares of AMD.