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Feb 14, 2022 · Advanced Micro Devices Inc (NASDAQ: AMD) completed the acquisition of Xilinx Inc (NASDAQ: XLNX) in an all-stock transaction. Xilinx stockholders received 1.7234 shares of AMD and cash in place...
Jan 27, 2022 · Shares of Xilinx Inc. XLNX rallied 1.4% during Wednesday’s extended trading session after the company reported overwhelming third-quarter fiscal 2022 results, wherein the top and bottom lines ...
Feb 14, 2022 · SANTA CLARA, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of Xilinx in an all-stock transaction.
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Product-wise, advanced product’s revenues climbed 35% year over year, contributing 78% to the total revenues. Moreover, revenues from core products (22% of the total revenues) were up 3% from the year-ago quarter. On the basis of end markets, ABC revenues (19% of the total revenues) surged 28% year over year while declining 4% quarter over quarter....
Non-GAAP gross profit jumped 33% year over year to $736 million, while gross margin contracted 380 basis points (bps) to 72.8%. The company posted non-GAAP operating income of $340 million during the fiscal third quarter, up 69% from the year-ago quarter. Operating margin expanded 860 bps to 33.6%, chiefly on lower operating expenses as a percentag...
Xilinx exited the fiscal third quarter with cash, cash equivalents and short-term investments of $3.70 billion compared with the prior quarter’s $3.42 billion. The company’s total long-term debt (excluding current maturities) was $1.49 billion as of Jan 1, 2022. Xilinx generated $362.3 million in cash from operations and $350.8 million in free cash...
Xilinx currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the broader technology sector include Broadcom AVGO, Advanced Micro Devices and Jabil JBL. While Broadcom sports a Zacks Rank #1 (Strong Buy), Advanced Micro Devices and Jabil each carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stock...
Xilinx, Inc. (NasdaqGS:XLNX) dropped from S&P 500 Ex-Financials, Real Estate, Utilities and Transportation Index. 22-02-15.
Feb 14, 2022 · OAKLAND, Calif., Feb 14 (Reuters) - Semiconductor designer Advanced Micro Devices Inc (AMD) (AMD.O) said on Monday it has finalized the purchase of Xilinx Inc (XLNX.O) in a record chip industry...
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Feb 14, 2022 · SANTA CLARA, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of Xilinx in an all-stock transaction. The acquisition, originally ...
