AMD MAY MAKE A BUYOUT OFFER FOR SEMICONDUCTOR COMPANY XILINX — IS THERE AN OPPORTUNITY FOR STOCK MARKET INVESTORS?
There are rumors that AMD (AMD) will buy Xilinx (XLNX). For AMD it makes sense for the following reasons: AMD is primarily in FPGA business. XLNX competes with Intel’s (INTC) FPGA business. Long time subscribers may recall that INTC bought ALTR. At that time ALTR was the prime competitor of XLNX. AMD competes with INTC. It is logical for AMD to want to buy XLNX. AMD has low margins. XLNX will likely be accretive. Will XLNX Turn Down The Offer? The stock has jumped in the premarket and is trading at $123.66 as of this writing. The reported offer may be around $125. Reportedly, several years ago,