Snaps up six companies AMD’s had enough of watching Nvidia waltz around the AI market like it owns the place. In the last few days, the chipmaker has gone on a deal-fuelled rampage, snapping up six AI ...

Exiting first-quarter 2025, AMD completed its acquisition of ZT Systems, combining its leadership in systems and racks with AMD’s powerful GPUs, CPUs, networking silicon, and open-source ...

Detailed price information for Adv Micro Devices (AMD-Q) from The Globe and Mail including charting and trades.

AMD on Thursday unveiled new details about its next-generation AI chips, the Instinct MI400 series, that will ship next year. CEO Lisa Su unveiled the chips at a launch event in San Jose, California.

AMD keeps the design business for AI systems from ZT Systems and sells the data center division. In return, AMD is pocketing a good three billion US dollars.

AMD shares were down 2.2%, while Sanmina fell more than 5%. "We expect to strengthen our U.S.-based manufacturing capabilities for rack and cluster-scale AI systems and accelerate quality and time ...

AMD had announced a $4.9 billion buyout of ZT Systems in 2024 and unveiled plans to sell its server manufacturing business once the transaction closes. The deal was completed in March.

The deal is expected to close by the end of 2025, subject to regulatory approval. After this divestiture, AMD will maintain control of ZT Systems’ rack-scale AI solutions design business.

Semiconductor giant AMD followed through with its plan to spin out ZT Systems' server-manufacturing business. AMD announced on Monday that it was selling ZT Systems' server-manufacturing business to ...

After this divestiture, AMD will maintain control of ZT Systems' rack-scale AI solutions design business. This announcement isn't a shock. When AMD announced its intent to acquire ZT Systems , an AI ...