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Nvidia Rival AMD Completes $4.9B Acquisition Of ZT Systems To Strengthen AI And Data Center Dominance
Wednesday, April 2, 2025 - 3:52am | 692In 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...
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AMD Analysts On ZT Systems Buy: 'A Step In The Right Direction' To Narrow Gap With Nvidia
Tuesday, August 20, 2024 - 2:50pm | 847Advanced 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...