Yes, it brought instantly (at least partially) +12B USD on the valuation of AMD. This shows to investors that AMD is still in the race.

Yeah I saw the stock market uptick, but that is a kneejerk reaction by the public markets. It's not as if the public market participants have had ample time to evaluate the merits of the acquisition, and even then, if they are right or not.

Anyway, it seems market thinks this is a 20x value acquisition.

You shouldn't attribute that on the acquisition. The stock went 3.8% up today but also 4% up on monday, 4.8% up last Friday 4.2% up last Tuesday etc.

Going straight by stock price isn't very valuable unless you're selling immediately.

600 million dollars is a lot, and in order for that 12 billion increase to stick around this team up needs to present a lot of value. I'm optimistic but I'm also an outsider.