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Benzinga
Benzinga
Business
Adam Eckert

Why AMD Is Doubling Down On Data Center Via Pensando Acquisition

AMD Pensando Lisa Su

Advanced Micro Devices Inc (NASDAQ:AMD) on Monday announced that it entered into a definitive agreement to acquire cloud technology company Pensando for approximately $1.9 billion. 

"Pensando is really one of those foremost pioneers in this whole data center area," AMD Chair and CEO Lisa Su said Monday on CNBC's "Squawk On The Street."

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