Tech

Biden sanctions Russian tech companies, including country’s biggest chipmaker

Enlarge / Treasury Secretary Janet Yellen. (credit: Jason Connolly-Pool/Getty Images) The Biden administration slapped a new round of sanctions on Russia, with a focus on technology companies that support the Russian war effort in Ukraine. Among the sanctioned companies is Mikron, Russia’s largest chipmaker. “We will continue to target Putin’s war machine with sanctions from […]

Business

AMD to Purchase Xilinx at $35 billion all-stock Bargain

Advanced Micro Devices consented to get Xilinx for about $35 billion in {} , shooting the chipmaker to more varied and rewarding economies and adding to its information center supplies. Xilinx investors can receive 1.7234 AMD stocks for every Xilinx stock they have. That worth Xilinx at roughly $143 per share, 25 percent more compared […]