Xilinx Shares Soar As AMD Clinches Buyout In $35BN All-Stock Deal Tyler Durden Tue, 10/27/2020 - 06:47 A week ago, when we first heard the news about late-stage talks between California-based chipmakers AMD and Xilinx, headlines touted a $30 billion megadeal, the latest in a massive wave of consolidation across the semiconductor industry that's occuring amid unprecedented trade disruption caused by President Trump's campaign against Huawei, a major customer for the world's largest chipmakers, including American giants like Qualcomm. Investors responded positively when the $30 billion pricetag first hit, but now that we have some more clarity on the deal, Bloomberg is reporting that AMD has agreed to a pricetag of $35 billion all in stock, with no debt added to the combined company's balance sheet. Xilinx investors will get 1.7234 AMD shares for each Xilinx stock they own. That values Xilinx at about $143 a share, 25% more than the closing price on Monday and 35% above the price before news of a possible deal was reported earlier in October. The company's shares were up 11% in premarket trade.