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The Latest Breaking News from ZT Systems

AMD is in talks to sell $4 billion AI server assembly plants

Four companies expressed interest in buying AMD's AI server plant for up to $4 billion.

Tom’s Hardware

Is AMD Stock a Buy After Nvidia's Q2 Earnings?

As Nvidia solidifies its dominance in the AI chip market with impressive Q2 earnings, Advanced Micro Devices is making strategic moves to challenge its rival, including a $4.9 billion acquisition of ZT Systems and a strong Q2 performance.

Barchart

How Nvidia Is Building A Competitive Moat To Fend Off AI Challengers

As Nvidia tries to expand its presence in the AI market and build a competitive moat, it is raising concerns among rivals and antitrust regulators.

Investors Business Daily

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AMD vs. NVDA: Which AI Semiconductor Stock Has More Upside Potential?

Chip stocks such as Advanced Micro Devices and Nvidia continue to drive the adoption of AI technologies, making them an exciting investment option in 2024.

Barchart

Watch out Nvidia — AMD is making a major push for data center supremacy with billion-dollar ZT Systems deal

AMD plans to acquire ZT Systems for nearly $5 billion in a bid to strengthen its AI infrastructure market position.

TechRadar

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

AMD is buying server builder ZT Systems for $4.9 billion in a cash-and-stock deal. At a time when big-ticket deals have been vexed by regulatory fears, it’s striking to see a decisive, multi-billion-dollar acquisition by a publicly traded tech company.

Fortune

Stocks End Higher on Economic Optimism and Hopes for a Dovish Fed

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.97, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.32%. US stocks Monday settled moderately higher, with the S&P 500 posting a 1-month high,...

Barchart

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Stock Market Today: S&P 500 Extends Longest Win Streak Since November

The Nasdaq also extended its stretch of consecutive gains to eight as Advanced Micro Devices popped on M&A news.

Kiplinger

AMD aims to catch up to Nvidia in AI battle with $4.9B acquisition — chipmaker strengthens AI ecosystem with ZT Systems' expertise in server design

Advanced Micro Devices (AMD) is acquiring a significant designer and manufacturer of servers and other infrastructure equipment for AI data centers to help it catch up with Nvidia.

Tom’s Hardware

AMD just dropped nearly $5 billion on ZT Systems to fight Nvidia on AI

Chipmaker AMD has dropped nearly $5 billion to acquire server hardware company ZT Systems as it works to upgrade its ability to develop and ship AI systems to compete with the likes of Nvidia.

Tom’s Guide

AMD Steps Up Nvidia Rivalry With $4.9 Billion Acquisition

AMD plans to buy computer hardware design firm ZT Systems for $4.9 billion to better compete with AI rival Nvidia.

Investors Business Daily

AMD Acquires ZT Systems For $4.9B To Challenge Nvidia In AI Market

As part of the acquisition, AMD intends to integrate ZT Systems into its Data Center Solutions Business Group but will also look to divest its U.S.-based data center infrastructure manufacturing business.

International Business Times

Stocks Gain on Economic Optimism and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.40, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.27%. US stocks today are mostly higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Dow Jones Surges As Trump Stock Breaches Key Level; These Warren Buffett Picks Are Near Entries (Live Coverage)

The Dow Jones rose on the stock market today but a Donald Trump stock dived. Some Warren Buffett stocks are near entries. Nvidia rose.

Investors Business Daily

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news in one place.

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Barchart

Stocks See Support from Positive Corporate News and Dovish Fed Comments

The S&P 500 Index ($SPX ) (SPY ) today is up +0.18, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) down -0.02%. US stocks today are mostly higher, with the S&P 500 and Dow Jones Industrials climbing...

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