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Fri, 09 Oct 2020 13:50:26 GMT
Source: Dukascopy Bank SA
At the opening of US stock exchanges on Friday, the stock price of the chipmaker Xilinx surged. The price jumped by almost 15% percent during the initial trading.
The surge was caused by news that the company's rival AMD or Advanced Micro Devices had started advance talks with Xilinx about an acquisition of the company. The total value of the deal is estimated at $30 billion.
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