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.

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 ...

On Monday, AMD said the cash-and-stock deal values privately held ZT Systems at $4.9 billion, including a contingent payment of up to $400 million based on certain milestones after the transaction ...

SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of ZT Systems, a leading provider of AI and general-purpose compute ...

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 (NASDAQ: AMD) to acquire ZT Systems, a provider of AI infrastructure, in a cash and stock transaction valued at $4.9B. Expected to boost data center AI capabilities and revenue growth by over $5B.

AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion. Skip to content. All Sections. Subscribe Now. 59°F. Monday, June 9th 2025 Today's e-Edition.

AMD said Sanmina will become a new product introduction manufacturing partner for its AI solutions as part of the chip designer’s deal to sell ZT Systems’ server manufacturing business for $3 ...

According to AMD's press statement, the acquisition of ZT Systems is part of the company's more than $1 billion investment to expand its AI ecosystem and strengthen the company’s AI software ...

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.

The teams from ZT Systems will integrate into the AMD Data Center Solutions business unit led by Forrest Norrod. AMD is also pursuing strategic partners to acquire ZT Systems’ manufacturing ...