An N×N multiple-input multiple-output (MIMO) transceiver is provided. The transceiver includes a plurality of transceivers, each including at least one transceiver circuit; an oscillation unit which is configured to generate a differential signal which is supplied to the at least one transceiver circuit; a plurality of buffers, which are mounted in a bypass line between the at least one transceiver circuit and the oscillation unit and are configured to amplify and bypass the differential signal or input and amplify the differential signal; and a buffer control unit which is configured to control the plurality of buffers to bypass or input the differential signal.