AMD’s $35 bn Xilinx deal gets nod, to go through on Feb 14

Chip-maker AMD has received approval from all necessary authorities to proceed with the $35 billion acquisition of semiconductor company Xilinx, as graphics chip giant Nvidia had to scrap the $40 billion deal to acquire British chip designer Arm amid anti-Trust probes.

The all-stock deal originally announced in October 2020 — is set to go through

next week on February 14, AMD announced.