Walmart is in talks to buy smart television manufacturer Vizio for more than $2 billion, the Wall Street Journal reported Tuesday, citing people familiar with the matter.
Shares of Vizio jumped 36% after the report, while Walmart’s shares were down about 1%.
Vizio did not immediately respond to a request for comment.
The move would give Walmart more places where it can sell ads and pitch shoppers on goods, the Journal reported.
![A television screen with colorful design.](https://nypost.com/wp-content/uploads/sites/2/2024/02/AP9991920185415332.jpg)
Walmart, including its Sam’s Club chain, has historically been Vizio’s largest customer, according to the report.
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