China conditionally approves AMD's $35 bln d

This should pop the stock this morning.…


China’s State Administration for Market Regulation said it will approve the deal on condition that AMD and Xilinx do not force tie-in sales of products or discriminate against customers that buy one set of products but not another.

The regulator added that the newly merged entity must also ensure “the flexibility and programmability of Xilinx FPGAs” and “that their development methods are compatible with ARM-based processors”.

It must also make sure that its GPUs and FPGA products sold to China are interoperable with products in the China market.

Conditions seem reasonable…


This should pop the stock this morning.

Down 4.5% last I looked. Wow.