In a bold move to strengthen its position in the competitive semiconductor market, Advanced Micro Devices (Nasdaq: AMD) has announced a $4.9 billion acquisition of ZT Systems, a key player in ...

AMD plans to pay for 75% of the ZT Systems acquisition with cash and the remainder in stock. The company had $5.34 billion in cash and short-term investments as of the second quarter.

SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of ZT Systems, a leading provider of AI and general-purpose compute ...

From AMD seeking to win new AI data center share from Nvidia to ZT Systems’ business with cloud hyperscalers, here are five big reasons why AMD’s planned $4.9 billion acquisition of ZT Systems ...

AMD sells ZT Systems' manufacturing unit for $3B, retaining engineers to boost competitiveness against Nvidia in AI data centers. ... The $3B sale includes $2.55B in cash and stock, ...

AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U.S.-based contract manufacturer its partner for building AI hardware as ...

AMD said its $4.9 billion ZT Systems acquisition, completed Monday, will allow it to combine “industry-leading systems” and “rack-level expertise” with its silicon to offer a “new class ...

AMD is taking on $150 million of operating expenses by acquiring ZT but thinks the deal will be accretive (or slightly better than breakeven on a non-GAAP basis) by the end of 2025. AMD expects ...

AMD's acquisition of ZT Systems aims to enhance AI capabilities, potentially narrowing the gap with Nvidia. Analysts have mixed views on the deal's long-term impact, citing competitive challenges ...

"Last August, AMD announced it would acquire ZT Systems for $4.6 billion but would sell off the manufacturing piece and retain the engineers to better compete with Nvidia," said Citi analysts, led ...

(Reuters) -AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle ...