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Coverage dated August 18, 2024

AMD will acquire server maker ZT Systems for nearly $5 billion as more chipmakers strengthen AI capacity

Headline from WHEC Rochester

NEW YORK (AP) — AMD will acquire server maker ZT Systems for nearly $5 billion as more chipmakers strengthen AI capacity.

WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

8 articles, oldest first.

  1. Observer

    AMD Makes a $4.9B A.I. Acquisition to Challenge Nvidia’s Dominance (opens Observer)

    Published

    Observer's feed description

    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.

  2. WHEC Rochester

    AMD will acquire server maker ZT Systems for nearly $5 billion as more chipmakers strengthen AI capacity (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    NEW YORK (AP) — AMD will acquire server maker ZT Systems for nearly $5 billion as more chipmakers strengthen AI capacity.

  3. Investopedia

    AMD Expands AI Portfolio With $4.9B Purchase of ZT Systems (opens Investopedia)

    Published

    Investopedia's feed description

    Advanced Micro Devices added to its artificial intelligence (AI) portfolio by purchasing data center infrastructure provider ZT Systems for $4.9 billion.

  4. KEYT Santa Barbara

    AMD buying server maker ZT Systems for $4.9 billion as chipmakers strengthen AI capabilities (opens KEYT Santa Barbara)

    Published

    KEYT Santa Barbara's feed description

    AP Business Writer AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion as the chipmaker strengthens its artificial

  5. Quartz

    AMD is going after Nvidia with a $5 billion acquisition (opens Quartz)

    Published

    Quartz's feed description

    Solutions firm ZT Systems will help AMD expand its AI capabilities

  6. Forbes

    AMD Boosts GPU Server Design Capabilities With ZT Systems Acquisition (opens Forbes)

    Published

    Forbes's feed description

    AMD acquires ZT Systems for $4.9B in cash and stock.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

AMD will acquire server maker ZT Systems for nearly $5 billion as more chipmakers strengthen AI capacity | Since Then