– Transaction creates high-performance and adaptive computing chief –

AMD will provide the strongest portfolio of industry-led CPUs, GPUs, FPGAs and adaptive SoCs to deal with a market alternative of roughly $135 billion.

SANTA CLARA, Calif., February 14, 2022 (Globe Newswire) — AMD (Nasdaq: AMD) at present introduced the completion of its acquisition of Xilinx in an all-stock transaction. The acquisition, initially introduced on October 27, 2020, creates the {industry}’s high-performance and adaptive computing chief with a considerably expanded scale and strongest portfolio of management computing, graphics and adaptive SoC merchandise. AMD expects the acquisition to be favorable for non-GAAP margins, non-GAAP EPS and free money circulation technology within the first yr.

AMD President and CEO Dr Lisa Su stated, “The acquisition of Xilinx brings collectively a extremely complementary set of merchandise, clients and markets mixed with differentiated IP and world-class expertise to create the {industry}’s excessive efficiency and adaptive computing chief. Is.” “Xilinx supplies industry-leading FPGAs, adaptive SoCs, AI engines and software program experience that allow AMD to supply the {industry}’s strongest portfolio of high-performance and adaptive computing options and market alternatives of roughly $135 billion.” cloud, edge and clever units.”

Former Xilinx CEO Victor Peng will be part of AMD as chairman of the newly created Adaptive and Embedded Computing Group (AECG). Driving management AECG is targeted on the FPGA, adaptive SoC and software program roadmap, with the mixed firm’s potential to now provide further scale and an expanded set of options together with AMD CPUs and GPUs.

Victor Peng stated, “The speedy enlargement of linked units and data-intensive functions with embedded AI is driving the rising demand for extremely environment friendly and adaptive high-performance computing options.” “Bringing AMD and Xilinux collectively will speed up our potential to outline this new period of computing, offering probably the most complete portfolio of adaptive computing platforms able to powering a variety of clever functions. “

At closing, Xilinx stockholders obtained money for every share of Xilinx Widespread Inventory, 1.7234 shares of AMD Widespread Inventory and any fractional shares of AMD Widespread Inventory. Xilinx frequent inventory will not be listed for buying and selling on the NASDAQ inventory trade.

transaction web site

For extra details about the transaction, buyers are inspired to go to the AMD/Xilinx acquisition net web page.

About AMD
For greater than 50 years AMD has pushed innovation in high-performance computing, graphics and visualization applied sciences. Billions of individuals from main Fortune 500 companies and state-of-the-art scientific analysis establishments all over the world depend on AMD know-how every single day to enhance their lives, work and play. AMD’s worker management is targeted on constructing high-performance and adaptive merchandise that push the boundaries of the doable. For extra info on how AMD is enabling at present and galvanizing tomorrow, go to AMD (NASDAQ:AMD) Web site, weblog, Fb And Twitter Web page.

warning assertion

The statements made on this press launch embody forward-looking statements referring to AMD, Xilinx, the transaction and different issues. Ahead-looking statements could talk about future plans, developments, occasions, outcomes of operations or monetary place, or in any other case, targets, intentions and expectations primarily based on present assumptions and will contain quite a few dangers and uncertainties that might trigger precise outcomes to vary materially from expectations. could differ bodily. , Ahead-looking statements converse solely as of the date they had been made or the dates indicated within the statements and shouldn’t be relied upon as predictions of future occasions, as no assurance may be on condition that these statements Seen occasions or circumstances will or will likely be achieved. Ahead-looking statements can usually be recognized by way of forward-looking terminology, together with “imagine,” “count on,” “could,” “will,” “ought to,” “needs,” “intend,” however not all the time. “Schemes,” “professional forma,” “estimates,” “estimates,” “designs,” or negatives of those phrases and phrases, these phrases and phrases or different variations of comparable terminology. The forward-looking statements on this press launch relate, amongst different issues, to the mixing of the companies and the anticipated advantages, value financial savings, accretion, synergies and ensuing development AMD expects the acquisition to be favorable for non-profits. GAAP margin, non-GAAP EPS and free money circulation technology within the first yr. These forward-looking statements contain dangers and uncertainties that might trigger precise outcomes to vary materially from these contemplated by the statements. These dangers embody, amongst different issues: the adverse results of declaring the transaction; there’s a threat that the companies won’t be efficiently built-in or that the mixed firm won’t notice the anticipated advantages, value financial savings, accretion, synergy and/or development, or that such advantages could take longer to appreciate than anticipated; dangers associated to unexpected prices of integration; Important transaction and/or integration prices, or difficulties with respect to transactions and/or unknown or invaluable liabilities; potential litigation related to the transaction; the potential impression of or termination of the transaction on AMD or the Joint Firm’s relationships with suppliers, clients, employers and regulators; and the demand for the merchandise of the mixed firm. For a dialogue of things that might trigger precise outcomes to vary materially from these thought-about by the forward-looking statements, see the part titled “Danger Elements” in AMD’s annual report for the fiscal yr ended December 25, 2021. Different filings with the SEC. Whereas the listing of things offered herein is taken into account consultant, no such listing ought to be thought-about an entire description of all potential dangers and uncertainties. Unlisted elements could current vital further obstacles to the receipt of forward-looking statements. Many of those dangers and uncertainties might be exacerbated by the COVID-19 pandemic and the ensuing worsening of the worldwide enterprise and financial setting. AMD doesn’t assume, and hereby disclaim, any obligation to replace the statements, besides as could also be required by regulation.

contact:
Drew Prairie
amd communications
(512) 602-4425
Draw.prairie@amd.com

Laura Graves
AMD Investor Relations
(408) 749-5467
laura.graves@amd.com





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