Repeat: AMD Set to Soar After Xilinx Acquisition
@SaraBetty：
Repeat: AMD Set to Soar After Xilinx Acquisition -- Barrons By Luisa Beltran Advanced Micro Devices, the chip maker long seen as an underdog to rival Intel, doesn't get enough credit for a strategy that is now giving Intel some serious competition. That's according to Larry Cordisco, co-lead of the Osterweis Growth & Income Fund, which invests in mid- and large-cap companies and who is very bullish on AMD's (ticker: AMD) prospects. Advanced Micro is expected to close its $35 billion purchase of Xilinx (XLNX), a rival chip maker, later this year. When AMD does complete the deal, Cordisco expects AMD to generate about $35 billion of sales by 2024. More importantly, AMDs data center revenue could double this year and hit about $12 billion in 2024, Cordisco said. AMD earnings are anticipat
