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Alfred Gray
@alfredgray · Aug 22

AMD strengthens its position in AI with $4.9 billion acquisition of ZT Systems

- Acquisition of ZT Systems: $AMD announced the acquisition of ZT Systems for $4.9 billion, strengthening its position in artificial intelligence and data center infrastructure.

- Competitive Advantage: This acquisition will enable $AMD to better compete with Nvidia, which dominates the AI and data center technology space.

- Focus on AI: $AMD plans to retain only the ZT Systems systems design division and focus on developing AI technologies.

- Market Reaction: Following the acquisition announcement, $AMD shares rose 2%, while Nvidia shares fell slightly by 0.1%.

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Ashraf Aboudar @ashraf_dd Aug 25

AMD is awesome and in my opinion now sells for a much better price than Nvidia. The latter may be king, but the 2s, 3s and others on the market are still pretty good. I like what they are doing.

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Bill Combs @billcombs Aug 26

Totally agree. It's not in the top spot, but it's in the top ones and the price is much better.

MD
Monday Dayton @mondaydayton Aug 23

Great info, thanks! .... Good news for shareholders, of which I count myself among them. I "missed the train" with $NVDA but as Martin says, it would be great if $AMD was "dear" to Nvidia. 😁

AG
Alfred Gray @alfredgray Aug 25

I hope we get a second chance with $AMD:D