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

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

@anthony256

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

29 seconds read time

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.

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NEWS SOURCE:on.wsj.com

Anthony Garreffa

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.