From ZT Systems signing a new partnership with Nvidia in 2024 to AMD’s data center and PC chip future, there are some major elements to AMD’s planned $4.9 billion acquisition of ZT Systems ...
Advanced Micro Devices entered into an underwriting agreement for a public offering of $1.5 billion in senior notes, whose proceeds it aims to use to fund a portion of the acquisition of AI equipment ...
adding data center technology that will bolster its efforts to challenge Nvidia Corp. ZT Systems, based in Secaucus, New Jersey, will become part of AMD’s Data Center Solutions Business Group ...
The European Commission cleared Advanced Micro Devices' $5 billion acquisition of ZT Systems, clearing a key regulatory hurdle for the deal to close. The commission said Thursday that the ...
Stifel On AMD Stock: Long-Term Growth Potential Stifel analyst Ruben Roy rates AMD as a Buy with a price target of $200. Roy ...
Advanced Micro Devices has a mixed AI outlook but a robust cloud sector presence. Read why AMD stock is well-positioned for a ...
In some AI inference applications, the MI325X GPUs designed by AMD may outperform the H200 offered by Nvidia. Read why AMD ...
The market continues to punish Advanced Micro Devices (AMD) stock in the first quarter of 2025, even though the company’s ...
In fact, AMD bought a company called ZT Systems in 2024 for $4.9 billion. This purchase helped AMD improve its artificial intelligence technology and data center capabilities thanks to its ...
AMD is now targeting the AI market and Su has made some key moves to compete with Nvidia. She quadrupled the company's R&D budget and acquired Xilinx, Nod.ai and ZT Systems. Xilinx makes ...
In August, AMD said that it had agreed to acquire ZT Systems, a designer of data-center equipment for cloud computing and artificial intelligence, in a cash and stock transaction valued at $4.9 ...
AMD agreed to buy ZT Systems--which designs data-center equipment for cloud computing and artificial intelligence systems--last year in a deal valued at $4.9 billion to take on Nvidia's dominance ...