(Reuters) - Advanced Micro Devices Inc (O:AMD) on Tuesday forecast fourth-quarter revenue above Wall Street expectations, just as the semiconductor designer announced a $35 billion deal to buy chipmaker Xilinx Inc (O:XLNX).
AMD expects current-quarter revenue to be about $3 billion, plus or minus $100 million, compared with analysts' average estimate of $2.63 billion, according to IBES data from Refinitiv.