: AMD wins Chinese conditional approval for Xilinx deal

Advanced Micro Devices Inc. won conditional approval from Chinese regulators for its planned $35 billion acquisition of fellow chip company Xilinx Inc., according to reports Thursday.

China’s State Administration for Market Regulation offered approval for the merger with various conditions, including that AMD
AMD,
+0.79%

and Xilinx
XLNX,
+7.41%

use development methods compatible with Arm-based processors, Reuters reported Thursday morning.

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

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