AMD Completes Acquisition of ZT Systems

Nvidia Rival AMD Completes $4.9B Acquisition Of ZT Systems To Strengthen AI And Data Center Dominance - Alphabet (NASDAQ:GOOGL), Advanced Micro Devices (NASDAQ:AMD)

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 Completes Acquisition of ZT Systems

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 infrastructure for the world’s largest hyperscale providers. The acquisition will…

AMD acquires ZT Systems

AMD announced the completion of its acquisition of ZT Systems, a provider of AI and general-purpose compute infrastructure for the world’s largest hyperscale providers. The acquisition will enable a new class of end-to-end AI solutions based on the combination of AMD CPU, GPU and networking silicon, open-source AMD ROCm software and rack-scale systems capabilities. It will also accelerate the design and deployment of AMD-powered AI infrastructur…

News from HD Technology. Visit www.hd-tecnologia.com for the latest news. While some experts talk about the end of the AI bubble, big tech companies seem to be on the opposite track. Lisa Su, CEO of AMD, has made it clear in a recent interview that artificial intelligence is not only not slowing down, but still has a long way to go. According to the executive, AI is “the most important technology of the last 50 years” and AMD will continue to in…

Nvidia Rival AMD Completes $4.9B Acquisition Of ZT Systems To Strengthen AI And Data Center Dominance

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. What Happened: The acquisition, first announced in August, is a strategic move by AMD to strengthen its data-center…

Roundup: AMD closes ZT Systems and teams with Rapt for AI development; bands with Oracle

There’s been a fair amount of activity on the AMD front that was drowned out by the hoopla from the recent Nvidia GTC news barrage. With that as a backdrop, here’s a look at some recent AMD news: AMD announced plans to acquire ZT for $4.9 billion in August of last year. ZT designs, manufactures, integrates, and deploys servers for hyperscalers such as Amazon Web Services and Microsoft, although the manufacturing business is expected to be sold o…