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ZT Systems, a U.S.-based data center infrastructure company, was acquired by AMD in 2024. At the time, AMD indicated it would seek a strategic buyer for ZT’s manufacturing business.
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.
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 ...
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AMD Buys ZT Systems for $4.9 Billion. It’s Taking On Nvidia.On Monday, AMD said the cash-and-stock deal values privately held ZT Systems at $4.9 billion, including a contingent payment of up to $400 million based on certain milestones after the transaction ...
AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion as the chipmaker strengthens its artificial intelligence capacity in its efforts to compete with Nvidia.
AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion as the chipmaker strengthens its artificial intelligence capacity in its efforts to compete with Nvidia.
It's not alone, however, and AMD is making a bold bid to beef up its AI ecosystems by acquiring ZT Systems, a hyperscale solutions provider, in a stock and cash transaction valued at $4.9 billion.
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 ...
AMD acquired ZT Systems for $4.9 billion, with $4.5 billion paid in cash and stock, plus a contingent payment of up to $400 million. Looks like AMD and Sanmina will be a tight partnership in AI ...
Advanced Micro Devices (AMD) (NASDAQ:AMD) is looking to further enhance its artificial intelligence (AI) infrastructure with the acquisition of AI service provider ZT Systems for US$4.9 billion ...
AMD is looking to expand its offerings to large-scale AI and data center clients with its latest multi-billion-dollar acquisition. The company has announced it's buying ZT Systems, ...
AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion as the chipmaker strengthens its artificial intelligence capacity in its efforts to compete with Nvidia. AMD plans to ...
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