AMD buys server maker ZT Systems for $4.9 billion to expand its AI chip and take on Nvidia

• Facebook
• Tweet
• Pinterest
• Reddit
• Email

Advanced Micro Devices (AMD) announced on Monday it plans to acquire server maker ZT Systems for $4.9 billion to expand its AI chips and hardware to better compete with industry giant Nvidia. The acquisition will be funded 75% in cash,
The post AMD buys server maker ZT Systems for $4.9 billion to expand its AI chip and take on Nvidia first appeared on Tech Startups.

Advanced Micro Devices (AMD) announced on Monday it plans to acquire server maker ZT Systems for $4.9 billion to expand its AI chips and hardware to better compete with industry giant Nvidia. The acquisition will be funded 75% in cash, […]

The post AMD buys server maker ZT Systems for $4.9 billion to expand its AI chip and take on Nvidia first appeared on Tech Startups.

Read More