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Shares of Advanced Micro Devices (NASDAQ:AMD) gained 10.50% over the past month, bringing the stock’s year-to-date gain to 5.11%. However, over the past year, the chipmaker remains down 21.63%. For ...
AMD will retain ZT Systems' world-class design and customer enablement teams to accelerate the quality and time-to-deployment of AMD AI systems for cloud customers.
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 hardware as ...
Advanced Micro Devices, Inc.'s P/S ratio suggests undervaluation with a potential 27.77% upside. Click for my updated look at AMD stock post Q1 earnings.
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 has officially closed its $4.9 billion acquisition of ZT Systems, a leading provider of AI infrastructure for the world's largest hyperscale computing companies.
AMD is actively engaged with multiple potential strategic partners to acquire ZT Systems' industry-leading U.S.-based data center infrastructure manufacturing business in 2025.
Nvidia's data centre division is a veritable money-making machine, pulling in nearly $50 billion in revenue last year, so it's not hard to see why AMD set about snapping up ZT Systems. The last ...