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The Latest Breaking News from ZT Systems

AMD Offloads Data Center Business To Sanmina, Sharpens Focus On High-Margin Chip Design

Advanced Micro Devices, Inc. (NASDAQ:AMD) has completed the sale of ZT Systems' U.S.-based data center infrastructure manufacturing business to Sanmina Corp (NASDAQ:SANM).

Benzinga

AMD Paves Path for Market Share Gains: Stock Rally Has Just Begun

Advanced Micro Devices is on track to combine years of work into an end-to-end solution for hyperscalers and begin taking share from NVIDIA.

MarketBeat

Can AI Help AMD Stock Soar 59% in the Next 12 Months?

While AMD stock has lagged recently, the momentum behind its AI growth story may catalyze a significant turnaround.

Barchart

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This Underdog Semiconductor Stock Could Beat Nvidia in the Next Chip Race

AMD challenges Nvidia with strong AI and server momentum.

Barchart

Is AMD Stock a Buy, Sell, or Hold on ZT Systems Sale?

Citi says AMD’s planned divestiture of ZT Systems could help it compete better with Nvidia. But its $100 price target indicates potential downside of more than 10% from here.

Barchart

AMD Relieves Market Despite Ongoing Share Price Outlook Caution

Advanced Micro Devices analysts lowered their price targets despite a beat-and-raise report, creating a headwind for price action in Q2.

MarketBeat

AMD goes all-in on being a data centre designer by purchasing ZT Systems for $4.9 billion

That's a lot of money but it's peanuts compared to how much cash AMD could rake in via AI.

PC Gamer

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Game-Changing News for Advanced Micro Devices

Advanced Micro Devices is making aggressive strides with its AI infrastructure and will likely exceed expectations in 2025 and 2026.

MarketBeat

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

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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Kiplinger

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.

Tom’s Hardware

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 Guide

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.

International Business Times

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.

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Barchart

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

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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