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 ...
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 ...
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 ...
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AMD to Buy ZT Systems in $4.9 Billion Challenge to Nvidiaadding 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 ...
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AMD to acquire ZT Systems in $4.9B deal to boost data center AI systems capabilitiesAdvanced Micro Devices (NASDAQ:AMD) is acquiring AI infrastructure provider ZT Systems in a cash and stock deal worth about $4.9B. The transaction value includes a contingent payment of up to $ ...
The market continues to punish Advanced Micro Devices (AMD) stock in the first quarter of 2025, even though the company’s ...
In some AI inference applications, the MI325X GPUs designed by AMD may outperform the H200 offered by Nvidia. Read why AMD ...
AMD plans to divest ZT Systems' data center assets worth up to $4 billion to Taiwanese firms, staying focused on its GPU roadmap. AMD's server plants in New Jersey and Texas could help buyers ...
AMD has passed key milestones and received unconditional regulatory approvals regarding its acquisition of ZT Systems. Additionally, AMD expects to divest ZT Systems’ data center infrastructure ...
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 ...
BRUSSELS : European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD's $4.9 billion bid for server maker ZT Systems, a European Commission filing showed on ...
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