Today's video focuses on Advanced Micro Devices (AMD -0.35%) and a recent update on its Xilinx (XLNX) acquisition. The acquisition was initially expected to close in the fourth quarter of 2021. Unfortunately, AMD did not receive all the approvals until Jan. 27, 2022. The merger is now expected to close in the first quarter of 2022. Here are some highlights from the video. 

  1. AMD investors might be excited to know that Xilinx will be bringing strong business fundamentals. In its trailing 12 months, Xilinx has reported $3.67 billion in revenue and $1.1 billion in cash flow from operations.
  2.  The acquisition will bring new markets to AMD, such as the aerospace and defense market and the automotive market, to name a few. It will also increase AMD's solutions in the data center market, one of the fastest-growing segments for Xilinx.
  3. AMD is scheduled to report earnings on Tuesday, Feb. 1 after the market closes. The earnings call might give investors more insight into how AMD plans to integrate Xilinx into its business now that the acquisition has been approved. 

Click the video below for my full thoughts and analysis. 

*Stock prices used were the premarket prices of Jan. 28, 2022. The video was published on Jan. 28, 2022.