The once-dominant chipmaker for PCs and servers is facing challenges from all directions.
At CES 2021, the chipmaker focused on lower-price cards and chips for laptops.
Advanced Micro Devices agreed to buy Xilinx for $35 billion in stock, taking the chipmaker into more diverse and profitable markets and adding to its data center offerings.
That’s putting greater pressure on chipmakers to improve their offerings.
That’s given it a market value of just over $300 billion, almost $100 billion more than Intel, the world’s largest chipmaker with seven times the revenue of Nvidia.