ZT Systems

In a move to bolster its AI data-center offerings, Advanced Micro Devices (NASDAQ:AMD) completed its $4.9 billion acquisition of data-center equipment designer ZT Systems on Monday. What Happened: The acquisition, first announced in August, is a strategic move by AMD to strengthen its data-center...

Advanced Micro Devices Inc (NASDAQ:AMD) has caught the market’s attention with its latest strategic move—the acquisition of ZT Systems, a privately-held company known for its expertise in compute infrastructure. As AMD aims to bolster its AI systems capabilities, Wall Street analysts have...