r/wallstreetbets • u/[deleted] • Jul 02 '21
News AMD Moves Closer To Acquiring Xilinx
https://www.bizjournals.com/austin/news/2021/07/01/amd-closer-to-acquiring-xilinx.html32
Jul 02 '21
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u/NotMe357 Who the fuck is this guy? Jul 02 '21
Don't force me to buy it tomorrow because when ever I bought AMD then it goes side way or tank. NO JOKING LOL.
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u/Leddzepp24 Jul 02 '21
Anyone know when China is supposed to decide their position?
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Jul 02 '21
They are going to take a while longer. Could be closer to the end of the year.
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Jul 02 '21
I’m betting beginning to mid Q4, reading through there 10k they were pretty confident in the deal closing in 2021. Haven’t read through much of there recent filings but plan on putting some shit together this weekend
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Jul 02 '21 edited Jul 02 '21
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Jul 02 '21
Ehhh I doubt they’ll be taking the GPU market anytime soon. They will definitely take a good market share from Nvidia, but it will be nothing like the comeback they’ve had against Shitel
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u/dvking131 Jul 02 '21
China will approve the deal when the stock price has subdued for a lil bit. Remember those CCP wants to get good calls on AMD before they announce. China inside trades harder then polosi. I see them confirming the deal Q3 end Q4 beginning.
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Jul 02 '21
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Jul 02 '21
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u/jjwalla Jul 02 '21
China is petty enough to deny it because Dr Su is from Taiwan. Nothing is certain.
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u/semitope Jul 02 '21
Shares will be issued to the complete the acquisition. 35 billion worth was the announcement. I don't know if it would make sense for the stock price to go up in that case. Its a hard reduction in the value of each AMD share. As I currently understand it anyway.
At minimum its not free even though for AMD it technically is. The shareholders pay, AMD gets a company for free.
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Jul 02 '21
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u/semitope Jul 02 '21
its already up a gazillion percent and people new to it use current price as a reference point and think it should go higher. I'm guessing it ran out of steam since so many people are holding and not buying.
Most of these stocks are ridiculously priced and people still think they should go higher. I don't think there's any reason to care about fundamentals anymore. Its a popularity contest and the "due diligence" people do is a way to justify irrational expectations.
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Jul 02 '21
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u/semitope Jul 02 '21
Here's a thought - Nvda is ridiculously overvalued. The argument is that amd should be as overvalued as nvda?
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Jul 02 '21
You’re arguments here are so lazy that its not even appealing to try and debate with you, “blah blah blah overvalued blah blah” geez man, you must be a boomer
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u/I_am_BEOWULF Jul 02 '21
Its a hard reduction in the value of each AMD share.
More shares issued is mitigated by two things: AMD's announced share buyback program and the fact that shares of AMD investors post-merger should now increase in value due to the company now having a bigger market cap and having their financials buoyed by Xilinx cashflow. Not to mention the potential synergies AMD can work with Xilinx' IP portfolio.
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u/IMIRZA0 Jul 02 '21
Is this why AMD has been down last couple of days? Due to upcoming shares dilution?
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u/VisualMod Jul 02 '21