AMD’s Xilinx deal clears China hurdle
AMD’s $35bn deal to buy FPGA designer Xilinx has overcome its last major hurdle with approval from Chinese regulators.
The National Anti-Monopoly Policy Bureau of the State Administration for Market Regulation of the People’s Republic of China approved the deal yesterday with Xilinx remaining a wholly-owned subsidiary of AMD, There are also conditions on AMD continuing to supply the Chinese market. This is key for 5G telecoms equipment and data centre systems that uses Xilinx FPGAs.
The last stage of the US approval expires on February 9th and AMD expects the deal to complete in the first quarter of 2022.
This follows news that Nvidia is set to abandon its deal to acquire UK processor designer ARM.
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