Tuesday, February 15, 2022

Valentines' Day 2022: AMD Acquires Xilinx

AMD Acquires Xilinx

Valentines' Day 2022 witnessed the completion of AMD's acquisition of Xilinx.
It's also my day one with AMD as a Xilinx employee and I felt a strong urge to write down something to mark this day.
This something certainly can't be a technical topic, then what to write?
Recalled it's an all-stock-no-cash acquisition, I thought it could be fun to dig into this CP's stock market past performances.
One of the stories I heard long time ago is about a guy who made a great fortune and was said planning to woo a young but not very rich lady. However, nobody really saw any moves from him and the rumors eventually died down. Half decades later, the same young lady made a big fortune and became much richer than that guy. She, instead of hesitation, proposed to this guy straight away with a great success!
Fancying about happy fairy tales sharing similar story lines, I pulled the historical market values and daily stock prices of AMD and Xilinx (start with the date when AMD appointed Lisa as CEO to take the helm) from the Internet and plotted them on the same chart. Guess what! the stock prices of both companies bear more similarities than differences! And indeed that the guy is much richer than the lady to begin with. Looking at the historical daily stock price, there is a great correlation with a coefficient of 0.93.
A born couple?! 😍
Anyway, on 14, Feb. 2022, AMD and Xilinx united as one! 💕
Together, we advance! 🚀
Go AMD! 💪