Intel and Altera have resumed talks on a possible acquisition deal, the New York Post reported. Earlier discussions on a deal fell through as the companies were unable to agree on a price, according to April reports. Those reports suggested that a potential deal could top $10 billion, making it Intel's biggest acquisition ever.

The NYT expects an outcome in a few weeks.

Acquiring Altera may help Intel defend and extend its server chip business. Sales at Intel’s data-center division rose 19 percent in the first quarter as Internet companies such as Google and Facebook built out their server operations.