AMD signs $4.9bn deal to challenge Nvidia’s AI infrastructure lead

AMD Signs $4.9bn Deal To Challenge Nvidia’s AI Infrastructure Lead

2 weeks from now

Aug 19, 2024  · AMD has agreed to buy artificial intelligence infrastructure group ZT Systems in a $4.9bn cash and stock transaction, extending a run of AI investments by the chip company as …

ft.com

AMD Makes A $4.9B A.I. Acquisition To Challenge Nvidia’s …

2 weeks from now

AMD announced today (Aug. 19) that it is acquiring ZT Systems, a provider of data center infrastructure, for $4.9 billion in a bid to challenge Nvidia.

observer.com

AMD’s $4.9B Acquisition Of ZT Systems Set To Challenge Nvidia

2 weeks from now

Aug 22, 2024  · Advanced Micro Devices (AMD) will be acquiring artificial intelligence infrastructure group ZT Systems in a massive $4.9 billion deal. Out of this $4.9 billion, $400 …

techreport.com

AMD Buys ZT Systems For $4.9 Billion. It’s Taking On Nvidia.

2 weeks from now

In midday trading, AMD was up 3.2% to $153.35; Nvidia was also up—1% to $125.88. ZT has more than $10 billion of annual sales, Su said in an interview with The Wall Street Journal.

msn.com

AMD To Make $4.9 Billion AI Acquisition As It Steps Up Race Against ...

2 weeks from now

Aug 19, 2024  · AMD's stock rises as the company plans to buy ZT Systems and bolster its ability to provide AI infrastructure ... Systems in a deal valued at $4.9 billion. Shares of AMD are up …

morningstar.com

AMD’s Latest $4.9 Billion AI Acquisition Is All About Competing With ...

2 weeks from now

Aug 19, 2024  · ZT Systems will join the AMD’s data center solutions group once the $4.9 billion transaction closes. ... in a move that will clearly help it compete with Nvidia’s dominance in AI …

theverge.com

AMD's $4.9 Bln ZT Systems Deal Faces EU Antitrust Decision By …

2 weeks from now

2 days ago  · European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD's $4.9 billion bid for server maker ZT Systems, a European Commission filing …

reuters.com

AMD's New Game In Town: US$4.9 Billion Bet To Challenge Nvidia's …

2 weeks from now

Aug 21, 2024  · In a bold move to bolster its position in the fiercely competitive AI and data center markets, AMD has acquired ZT Systems for US$4.9 billion. This strategic acquisition signals …

digitimes.com

NJ Server-maker ZT Systems Bought By Advanced Micro Devices

2 weeks from now

Aug 20, 2024  · The cash and stock deal is valued at $4.9 billion. It's part of a bid by AMD to take on graphics cardmaker Nvidia and expand its AI hardware products News Bergen Passaic …

northjersey.com

AMD's $4.9 Billion ZT Systems Deal Faces EU Antitrust ... - U.S. News

2 weeks from now

3 days ago  · AMD's $4.9 Billion ZT Systems Deal Faces EU Antitrust Decision by March 12 ... of artificial intelligence chips and hardware to better compete with Nvidia. ... these 10 best AI …

usnews.com

AMD To Acquire ZT Systems For $4.9 Billion, Bolstering AI ...

2 weeks from now

Aug 19, 2024  · AMD CEO Lisa Su emphasized the strategic importance of the acquisition, stating, "ZT adds world-class systems design and rack-scale solutions expertise that will significantly …

maginative.com

AMD Challenges NVIDIA With $4.9B ZT Systems Buyout

2 weeks from now

In August 2024, AMD made a significant move to challenge NVIDIA’s dominance in the AI chip market with the acquisition of ZT Systems, a cloud architecture solution provider, for $4.9 …

rdworldonline.com

AMD's $4.9 Billion ZT Systems Deal Faces EU Antitrust Decision By …

2 weeks from now

2 days ago  · REUTERS/Florence Lo/Illustration/File Photo BRUSSELS: European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD's $4.9 billion bid for …

indiatimes.com

EU Regulators To Rule On AMD’s $4.9 Billion ZT Systems Buy Soon

2 weeks from now

2 days ago  · European Union antitrust regulators are set to decide by March 12 on whether to approve U.S. chipmaker AMD’s $4.9 billion acquisition of server manufacturer ZT Systems, …

pymnts.com

EU Antitrust Probes Into AMD’s Proposed ZT Systems Acquisition

2 weeks from now

2 days ago  · On Aug. 19, AMD announced it was acquiring server maker ZT Systems for $4.9 billion (€4.4 billion). The European Commission may yet put a stop to it. The deadline for an …

techzine.eu

EU Merger Watchdog Begins Probe Of AMD’s $5 Billion ZT …

2 weeks from now

The European Commission started looking at Advanced Micro Devices’ AMD-6.27% decrease; red down pointing triangle $5 billion acquisition of ZT Systems, setting a March 12 deadline to …

wsj.com

AMD's $4.9 Billion ZT Systems Deal Faces EU Antitrust Decision By …

2 weeks from now

2 days ago  · BRUSSELS (Reuters) - European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD (NASDAQ: AMD)'s $4.9 billion bid for server maker ZT …

investing.com