European Commission, AMD and ZT Systems
AMD’s $4.9B ZT Systems Deal Awaits EU Antitrust Decision by March 12
The European Union’s antitrust regulators will decide by March 12, 2025, whether to approve AMD’s $4.9 billion acquisition of ZT Systems, according to an official European Commission filing. This deal is set to expand AMD’s AI hardware portfolio, intensifying competition with Nvidia in the AI chip market.
AMD’s acquisition of ZT Systems will be a significant contributor to Dr. Su’s AI development agenda. She anticipates that the AI accelerator and GPU chip market will reach $400 billion by 2027.
The American chip manufacturer Advanced Micro Devices Inc. (AMD) has entered into an agreement to acquire the provider of AI solutions ZT Systems. This is reported in an AMD press release. The ...
In a strategic move to enhance its capabilities in rack-scale solutions, AMD recently announced the acquisition of ZT Systems for $4.9 billion. This acquisition is expected to strengthen AMD's ...
AMD has been on an acquisitive spree to strengthen its AI ecosystem and bridge the technological gap with NVIDIA in the race for AI dominance. The acquisition of ZT Systems, which provides AI ...
What are the cheapest megacap artificial intelligence (AI) stocks to buy in 2025? The answer depends on your definitions. We can all probably agree that a megacap stock is any sto ...
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