In this acquisition, 248.38 million Xilinx shares were converted into 428 million new AMD shares, which are still in progress.
In addition to the original 1.2 billion shares of AMD, there will be a total of 1.628 billion shares after the merger. According to
AMD’s stock price ($121.47), after the US stock market closed on February 15, AMD’s market value reached $197.75 billion, which was higher than Intel’s market value at that time (about $197.25 billion). This is a historic moment, knowing that six years ago, AMD was teetering on the brink of bankruptcy. Since AMD released the Zen architecture in 2017, it took about five years for AMD to achieve a reversal of Intel, and the CPU market share also reached an all-time high.
Although AMD’s stock price has declined on the US stock market on February 16, and the current total market value is slightly lower than that of Intel, at least the two sides have stood at the same height. As AMD’s future development prospects are improving and revenue continues to grow, the market value will likely continue to rise. In addition to complementing AMD’s original business in technology, Xilinx is also a healthy company financially, and its recent development is also very good in terms of revenue and profit.