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AMD Just Paid Nearly $5 Billion for ZT Systems to Fight Nvidia on AI

August 19, 2024 by admin

Silicon giant AMD has signed a deal to acquire ZT Systems for about $4.9 billion in cash and stock, adding a massive AI systems maker to its arsenal as rival Nvidia's AI business booms. This is a big deal, not only because it's worth nearly $5 billion, but also because it will have a significant … Read more

Categories News Blog Tags AMD, billion, fight, NVIDIA, paid, systems Leave a comment

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