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 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 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 ...

It's not alone, however, and AMD is making a bold bid to beef up its AI ecosystems by acquiring ZT Systems, a hyperscale solutions provider, in a stock and cash transaction valued at $4.9 billion.

AMD is looking to expand its offerings to large-scale AI and data center clients with its latest multi-billion-dollar acquisition. The company has announced it's buying ZT Systems, ...

AMD acquired ZT Systems for $4.9 billion, with $4.5 billion paid in cash and stock, plus a contingent payment of up to $400 million. Looks like AMD and Sanmina will be a tight partnership in AI ...

(Reuters) -AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle ...