AMD’s Acquisition of Xilinx Reportedly Moves Forward with Chinese Regulators

AMD’s proposed $35 billion acquisition of Xilinx is reportedly moving through the Chinese regulatory process. Market reporting organization MLex reported that the deal is progressing to Phase Two of the State Administration for Market Regulation (SAMR) review process.

MLex’s report arrived shortly after the UK Competition and Markets Authority (CMA) approved the AMD-Xilinx deal. The acquisition won’t be able to move forward until it’s approved by other regulators, however, most notably in the U.S. and China.

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