Attention! News from Tweakers Europe. Deal with AMD is not sure? It is a single agreement, not an acquisition !!!
$Advanced Micro Devices (AMD.US)$ This still needs to be approved by competition regulators. The acquisition ... correction [SINGLE AGREEMENT !!!] ... is expected to be completed later this year, although it must still be approved by competition regulators. After taking over, Silo AI CEO Peter Sarlin will lead his team, which consists of 300 employees, but as part of the AMD Artificial Intelligence business group.
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Money Thrill OP : I am a European resident of Belgium and I have some doubts that they will let Silo AI go to AMD
MomentumPython1337 : well look i have short dated options I'll be out before the ruling comes out I'm going to take profits on my common shares when the stock hits 200
MomentumPython1337 : my idea to buy AMD shares was before this news it was cooked up since May since April so these news are just a bonus
Money Thrill OP MomentumPython1337 : It is a bonus but the agreement from Europe is needed and I hope it but not sure ? If i have AMD i sell on this good news?