Here's what I predict is going to happen in the next 3 months....

Here's what I predict is going to happen in the next 3 months....

AMD will trade between $100 and $115 until just before the ER in late October. XLNX price will track AMD at around 1.5X +/- .1X. With great AMD earnings forecast, we could see $120-130 again or an increase of 15-20%. $XLNX will also increase 15-20% since its price is tied to AMD. This assumes the merger is not approved or there's no significant news about it by the ER. Sometime before the EOY the merger will be approved and AMD may or may not move up any further and may even dip. The merger is already built into the stock price imo.

However, XLNX will shoot up to near the 1.7234 exchange ratio upon approval. It's sitting at 1.47X now so that's another 17% increase in XLNX stock price. At the time the merger closes, XLNX shareholders will get their AMD stock and XLNX will be delisted. AMD will have about 426 million more shares outstanding than it does now which will dilute AMD stock, but with XLNX's $3.3B revenue, $800M in earnings, and $3.4B in cash added to AMDs the stock price should not be significantly impacted. AMD should continue to climb if it continues to grow.$AMD(AMD)$