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AMD Advanced Micro Devices Inc

151.00
4.84 (3.31%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Advanced Micro Devices Inc NASDAQ:AMD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.84 3.31% 151.00 150.01 151.63 150.786 147.25 148.75 49,361,689 05:00:03

AMD, Xilinx Shares React Following WSJ Report on Potential Deal

09/10/2020 11:53am

Dow Jones News


Advanced Micro Devices (NASDAQ:AMD)
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By Matt Grossman

 

Advanced Micro Devices Inc. shares and Xilinx Inc. shares moved in opposite directions Friday morning following a Wall Street Journal report that AMD was in advanced talks to buy Xilinx.

In premarket trading, Xilinx shares rose 17.27% to $124.29, while AMD shares declined 4.7% to $82.

AMD's potential acquisition of rival chip maker Xilinx could be valued at more than $30 billion, the Journal reported. The deal could come together next week, but there is no guarantee of an agreement, people familiar with the matter told the Journal.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

October 09, 2020 06:38 ET (10:38 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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