Marking a new chapter in AMD’s competition against Nvidia, the chip designer says its ZT Systems acquisition, completed Monday, will allow it to combine ‘industry-leading systems’ and ‘rack-level ...

AMD (NASDAQ:AMD)-2.3% premarket, to sell ZT Systems’ U.S.-headquartered data center infrastructure manufacturing business to Sanmina (NASDAQ:SANM) for $3 billion in cash and stock. As part of the ...

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 and ...

NVIDIA’s surge in valuation has been the financial story of 2024 thanks to the AI boom, and rival AMD is looking to strengthen its own efforts. AMD has acquired ZT Systems, a company that specializes ...

Strategic transaction combines industry-leading systems and rack-level expertise with AMD GPU, CPU and networking silicon and open-source software to address the $500 billion data center Artificial ...

(AP) — 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 ...

That's a lot of money but it's peanuts compared to how much cash AMD could rake in via AI. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. It won ...

(Reuters) -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 ...

$3 billion in cash and stock, inclusive of a contingent payment of up to $450 million AMD retains ZT Systems’ rack-scale AI solutions design and customer enablement expertise to accelerate quality and ...

In 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. AMD’s CEO, Lisa Su ...

AMD is acquiring server maker ZT Systems to strengthen its data center technology as it steps up its challenge to Nvidia in the competitive AI chip market. The acquisition is important because AI’s ...