Oct 9, 2020 - Economy & Business
AMD in talks to acquire rival chipmaker Xilinx for $30 billion
- Kia Kokalitcheva, author of Axios Pro Rata
Photo: Sam Yeh/AFP via Getty Images
AMD is in advanced talks to acquire rival chip company Xilinx in a deal that would value the latter at more than $30 billion, according to the Wall Street Journal.
Why it's the BFD: This is the latest in a string of notable semiconductor deals, including Nvidia's recent agreement to acquire ARM from SoftBank for $40 billion.