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Fortune

Allie Garfinkle

AMD’s ZT acquisition marks a new chapter in the chip maker’s chase of Nvidia

AMD Nvidia ZT Systems

(Credit: I-HWA CHENG/AFP—Getty Images)

It’s not every Monday where I wake up, and as I’m babysitting my pour-over coffee, I go: "Oh, wow, that’s a doozy of a deal."

But there I was yesterday morning as the news dropped that AMD is buying server builder ZT Systems for $4.9 billion in a cash-and-stock deal.

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