AMD has agreed to acquire ZT Systems, an AI infrastructure company, for $4.9 billion in a cash and stock transaction. This acquisition is a strategic move by AMD to bolster its capabilities in the AI sector and directly compete with Nvidia.
AMD has agreed to acquire ZT Systems, an AI infrastructure company, for $4.9 billion in a cash and stock transaction. This acquisition is a strategic move by AMD to bolster its capabilities in the AI sector and directly compete with Nvidia.