AMD said to be in advanced talks to buy Xilinx in over $30 billion deal

AMD said to be in advanced talks to buy Xilinx in over $30 billion deal

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A close up image of a CPU socket and motherboard laying on the table.

Narumon Bowonkitwanchai | Moment | Getty Images

Advanced Micro Devices is in advanced talks to buy rival chip maker Xilinx in a deal that could be valued at more than $30 billion, the Wall Street Journal reported late Thursday, citing people familiar with the matter.

A deal, which could mark the latest big tie-up in the rapidly consolidating semiconductor industry, can come together as soon as next week, the newspaper reported.

Both companies could not be immediately reached for comment outside regular working hours.

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