Anyone who has worked in system building, be it gaming desktop PCs or massive servers, will know that this is where the real profit margins lie (it's why Nvidia's profit margins are so big).

AMD sells ZT Systems' manufacturing unit for $3B, retaining engineers to boost competitiveness against Nvidia in AI data centers.

Chipmaker AMD has dropped nearly $5 billion to acquire server hardware company ZT Systems as it works ... And while folks wondering whether to buy AMD or Nvidia for their next gaming PC GPU ...

AMD acquires ZT’s rack-scale systems design and manufacturing assets for $4.9 billion in cash (75%) and stock (25%). This is additive to the $1 billion AMD already invested in ZT over the past year.

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.

Privately-held ZT Systems, founded in 1994, works closely with chipmakers to design and deploy data center AI compute and storage infrastructure at scale for the largest global cloud companies.

Advanced Micro Devices has completed its $4.9 billion purchase of ZT Systems, a designer of data-center equipment for cloud computing and artificial intelligence, the company said on Monday.

AMD plans to pay for 75% of the ZT Systems acquisition with cash and the remainder in stock. The company had $5.34 billion in cash and short-term investments as of the second quarter.

Semiconductor company Advanced Micro Devices is buying the Secaucus-based server-maker ZT Systems in a cash and stock deal valued at $4.9 billion. The move is part of a bid by AMD to take on ...

Anyone who has worked in system building, be it gaming desktop PCs or massive servers, will know that this is where the real profit margins lie (it's why Nvidia's profit margins are so big).