As Long As The US DOJ And FTC Don’t Decide This Triggers Antitrust Concerns
The $35 billion dollar deal for AMD to absorb Xilinx has received approval from the National Anti-Monopoly Policy Bureau of the State Administration for Market Regulation of the People’s Republic of China, conditional on AMD ensuring that Xilinx products remain available. It seems that Xilinx is a major supplier of FPGAs in the PRC and they want to ensure that will not change.
The approval from the DOJ and FTC will be delayed for a bit, as the approval occurred after the January 10, 2022 deadline for submissions. Their next window opens on February 9, 2022 so we will find out their opinion in the not too distant future. It is unlikely either agency will object to the merger, but life has been full of surprises lately.
This merger will increase AMD’s capabilities in creating HPC products, as Xilinx will add their FPGAs, Adaptive SoCs and deep learning software expertise to AMD’s CPUs and GPUs. It is good to see AMD feeling confident enough to absorb more talent and will be interesting to see how this plays out in the markets over the coming years.
Word came a few hours ago that China has given the go-ahead. Since this is a material approval, AMD filed an 8K with the announcement.