Intel sells 51% of Altera FPGA business to Silver Lake for $4.46 billion

It's been pretty lackluster so far. Embedded(includes FPGA) is one of AMD's lowest performing divisions, along with gaming. They've used Xilinx circuitry in Ryzen AI CPUs (XDNA), but those have been slow to catch on.

There's a lot of copium in the AMD_Stock sub about how Lisa is playing the long game and Xilinx will pay off over time, but for now, it's a drag on revenue, operating margins and return on equity.

We paid $40B+ for a company that brought in less than 1.5B last year. - AMD bagholder, avg price $140😐