AMD in 'advanced talks' to acquire Xilinx for over $30 billion

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AMD is reportedly in 'advanced talks' to buy Xilinx in a deal worth over $30 billion, right after NVIDIA acquires ARM for $40B.

Anthony Garreffa

TweakTown

Published Oct 8, 2020 9:38 PM CDT
Updated Nov 2, 2020 10:54 PM CST

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AMD just launched its Zen 3-powered Ryzen 5000 series CPUs and teased its next-gen RDNA 2-based Radeon RX 6000 series graphics cards -- and now, rumor has it AMD is about to acquire Xilinx.

AMD in 'advanced talks' to acquire Xilinx for over $30 billion 02

The news is coming from The Wall Street Journal, which says that its sources saying that AMD is in "advanced talks" to acquire Xilinx. This would be a gigantic deal, and the WSJ says that the deal could be closed as soon as next week. The news comes weeks after GPU competitor to AMD, NVIDIA, acquired ARM for $40 billion.