AMD to buy rival chip maker Xiling

AMD is set to buy rival chip maker Xiling for 35 billion dollars which will increase their market share. So far this year chip makers were among companies making profit as lockdowns and home office ment need for more computers. By this acquisition AMD will increase their product range and its a good answer for similar from Nvidia. We can expect further increase of their stock price. (Fitch, Wall Street Journal)

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