Advanced Micro Devices completes Xilinx acquisition, adds new board members

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  • Advanced Micro Devices (NASDAQ:AMD) said on Monday that it had completed its acquisition of Xilinx , adding that its Chief Executive, Dr. Lisa Su, would be the new chairman of the board.
  • In addition, John Caldwell, who joined the AMD board in 2006, will become its lead independent director.
  • At the close, Xilinx shareholders received 1.7234 shares of AMD common stock and cash in lieu of fractional AMD shares. Xilinx is now no longer listed on the NASDAQ.
  • The company also announced that former Xilinx board members, Jon Olson and Elizabeth Vanderslice, will join the AMD board.

    For this year the company, based in Santa Clara revenue will be around 25.15 billion USD. This is according to the average of the analysts' estimates. This is hugely more than 2021's revenue of 16.43 billion USD.

    Historical revenues and results Advanced Micro Devices plus estimates 2021

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    The analysts expect for 2021 a net profit of 6.25 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 4 USD. The PE-ratio therefore is 22.46.

    For this year analysts don't expect the company to pay a dividend. The average dividend yield of the semiconductor companies is a limited 1.12 percent.

    Advanced Micro Devices 's market capitalization is based on the number of outstanding shares around 108.8 billion USD. 14

    On Monday, the stock closed at 89.84 USD.

    Historical stock prices Advanced Micro Devices

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