---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-22-000031"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2022-02-14T23:59:59+00:00"
generated_at: "2026-06-27T08:34:51.951353+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# AMD completes $49B all-stock acquisition of Xilinx; Lisa Su becomes board chair

## Summary
- Each Xilinx share converted into 1.7234 AMD shares; Xilinx delisted from NASDAQ.
- Combined company targets ~$135B market opportunity across cloud, edge, and devices.
- Deal expected to be accretive to non-GAAP margins, EPS, and free cash flow in first year.
- Lisa Su appointed board chair; John Caldwell named lead director; Xilinx directors Olson and Vanderslice join board.
- Victor Peng named president of new Adaptive and Embedded Computing Group; AMD guarantees Xilinx senior notes.

## SEC filing metadata
- accession: 0000002488-22-000031
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2022-02-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248822000031/0000002488-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248822000031/amd-20220214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-22-000031
- JSON: https://secwatch.observer/filing/0000002488-22-000031.json
- Plain text: https://secwatch.observer/filing/0000002488-22-000031.txt

## Key facts
- Executive change
  Elizabeth Vanderslice was appointed as Director at ADVANCED MICRO DEVICES INC.
  - Action: appointed
  - Role: Director
  source text: the AMD Board of Directors (the “ Board ”) voted to increase the size of the Board from eight directors to ten directors and appointed Jon Olson and Elizabeth Vanderslice to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248822000031/0000002488-22-000031-index.htm
- Executive change
  Dr. Lisa Su was appointed as Chairman of the Board at ADVANCED MICRO DEVICES INC.
  - Action: appointed
  - Role: Chairman of the Board
  source text: On February 14, 2022, AMD announced that the Board has appointed President and Chief Executive Officer Dr. Lisa Su to the role of Chairman and John Caldwell to the role of Lead Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248822000031/0000002488-22-000031-index.htm
- Executive change
  Jon Olson was appointed as Director at ADVANCED MICRO DEVICES INC.
  - Action: appointed
  - Role: Director
  source text: the AMD Board of Directors (the “ Board ”) voted to increase the size of the Board from eight directors to ten directors and appointed Jon Olson and Elizabeth Vanderslice to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248822000031/0000002488-22-000031-index.htm
- Executive change
  John Caldwell was appointed as Lead Director at ADVANCED MICRO DEVICES INC.
  - Action: appointed
  - Role: Lead Director
  source text: On February 14, 2022, AMD announced that the Board has appointed President and Chief Executive Officer Dr. Lisa Su to the role of Chairman and John Caldwell to the role of Lead Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248822000031/0000002488-22-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.