AMD Acquires Xilinx

Over the next decade, high-performance computing will be at the center of nearly every major trend shaping the future. 

Whether in the cloud, at the edge or across the growing number of intelligent end devices - there is an increasing need to push the envelope to enable new experiences and services. 

While CPUs and GPUs will remain critical engines for those devices, in a world where algorithms are always advancing and new standards are continually emerging, 

we see demand growing for adaptive computing capabilities that will be critical to accelerate these emerging and evolving workloads. 

AMD's acquisition of Xilinx creates the industry's high-performance and adaptive computing leader, combining a highly complementary set of products,

 customers and markets with differentiated IP and world-class talent.  As we bring AMD and Xilinx together, there are considerable product, technology, market and financial benefits.
Dr. Lisa Su, Chair & CEO ：

The acquisition of Xilinx brings together a highly complementary set of products, customers and markets combined with differentiated IP 

and world-class talent to create the industry's high-performance and adaptive computing leader. Xilinx offers industry-leading FPGAs, adaptive SoCs, 

AI inference engines and software expertise that enable AMD to offer the strongest portfolio of high-performance and adaptive computing solutions in the industry 

and capture a larger share of the approximately $135 billion market opportunity we see across cloud, edge, and intelligent devices.

Bringing together AMD and Xilinx will create an even stronger AMD.

Product

AMD now offers the industry's strongest portfolio of high-performance and adaptive computing products spanning CPUs, GPUs, FPGAs, and Adaptive SoCs.
AMD will be able to deliver differentiated solutions for cloud, edge and intelligent end devices while taking a leadership position accelerating a diverse set of emerging workloads,

 from AI to smart networking and software-defined infrastructure.
Market

AMD provides solutions for the most important markets and customers in the world with a combined TAM of approximately $135 billion in 2023.
Xilinx's deep strategic partnerships across wired and wireless communications, automotive, industrial and test, aerospace and defense, 

and measurement and emulation markets complement AMD partnerships in PC and data center markets.

Technology

Provides significant expanded R&D scale to further strengthen AMD's technical capabilities and long-term product roadmaps.
Expands AMD capabilities in advanced technology development, including  leadership die stacking and packaging technology, 

chiplet and interconnect technology, AI and domain-specific architectures and best-of-breed software platforms.
Financial

Xilinx further strengthens AMD financial model, supplying a diverse set of end markets based on long product cycles across multiple, high-margin businesses.
The transaction is expected to be accretive to non-GAAP gross and operating margins, non-GAAP EPS and free cash flow generation in the first year.
Questions & Answers

Why did AMD acquire Xilinx?

Over the next decade, high-performance computing will increasingly be at the center of nearly every major trend shaping the future. 

While CPUs and GPUs will remain critical engines for those devices, in a world where algorithms are always advancing and new standards are continually emerging, 

we see demand growing for adaptive computing capabilities that will be critical to accelerate these emerging and evolving workloads. 
Combining AMD and Xilinx creates the industry's high performance and adaptive computing leader.
With the addition of Xilinx, AMD now has a significantly expanded leadership product portfolio, unmatched technology capabilities and software expertise, 

and increased scale that enhances our ability to power a wide range of intelligent applications from the data center to the edge to end devices.
The new AMD will cover the most important markets and customers in the world with a combined TAM of approximately $135 billion in 2023.
How will AMD integrate Xilinx and who will lead the business?

The Xilinx business will become the Adaptive and Embedded Computing Group (AECG), led by former Xilinx CEO Victor Peng. 
AECG remains focused on driving leadership FPGA, Adaptive SoC and software roadmaps, 

now with the additional scale of the combined company and the ability to offer an expanded set of platforms including high-performance CPUs and GPUs.
Can I still purchase Xilinx products and will AMD offer the same support I received previously from Xilinx?

Yes, customers will be able to purchase Xilinx products just as before and you should expect the same levels of service and support you have come to expect from Xilinx.

Will AMD offer a dividend now that you have acquired Xilinx?

As a growth-oriented company, our first priority is investing in the business and returning capital to shareholders through our share repurchase program. 

There are no plans to offer a dividend at this time.
How do you see the combination of AMD and Xilinx benefiting customers?

AMD's acquisition of Xilinx creates the industry's high-performance and adaptive computing leader, combining a highly complementary set of products with differentiated IP and world-class talent. 
AMD now offers the industry's strongest portfolio of high-performance and adaptive processor technologies to enable leadership computing platforms for cloud, edge and intelligent end devices.
With more than 15,000 talented engineers, the significantly expanded R&D scale of the new company strengthens the long-term product and solutions roadmaps for both AMD and Xilinx customers.
Are there any changes to either the Xilinx or AMD product portfolios or roadmaps on day one?

No, there are no changes to the current product offerings or long-term product roadmaps on day one.
Longer term, we believe the significantly expanded R&D scale of the new AMD expands our technology capabilities and strengthens our long-term product roadmaps.
Will sales or support contacts change?

There is no change.  All contact details for sales and support will remain the same.
I am a prior shareholder of Xilinx. What happens to my Xilinx shares now that the company has been acquired by AMD?

Xilinx shareholders were paid 1.7234 shares of AMD(and cash in lieu of any fractional shares of AMD) for each share owned of Xilinx as of the closing date of the acquisition. 

 Registered shareholders of AMD may contact Computershare Investor Services for account balances and more information.

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