AMD Acquires ZT Systems for $4.9B
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ZT Systems engineersReuters
•AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
79% Informative
AMD plans to buy server maker ZT Systems for $4.9 billion .
The company plans to pay for 75% of the acquisition with cash and the remainder in stock.
AMD CEO Lisa Su : "AI systems are our number one strategic priority" AMD 's shares climbed nearly 3% in premarket trading.
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