AMD mentioned to be in superior talks to purchase Xilinx in over $30 billion deal


An in depth up picture of a CPU socket and motherboard laying on the desk.

Narumon Bowonkitwanchai | Second | Getty Photographs

Advanced Micro Devices is in superior talks to purchase rival chip maker Xilinx in a deal that might be valued at greater than $30 billion, the Wall Avenue Journal reported late Thursday, citing folks aware of the matter.

A deal, which may mark the newest huge tie-up within the quickly consolidating semiconductor trade, can come collectively as quickly as subsequent week, the newspaper reported.

Each corporations couldn’t be instantly reached for remark exterior common working hours.