AMD is in talks to buy chip maker Xilinx, U.S. position will be stronger

AMD is in advanced talks with chip maker Xilinx. The deal could be valued at more than $30 billion. Ed Snyder, co-founder and managing director of Charter Equity, says it's a smart consolidation for the broader semiconductor industry. He joins 'Closing Bell' to discuss.
Fri, Oct 9 20205:01 PM EDT