AMD Completes Acquisition of ZT Systems for $4.9 Billion and Secures Stake in the “AI Factory”

Advanced Micro Devices (NASDAQ: AMD) announced on March 31, 2025, that it has completed the acquisition of ZT Systems for $4.9 billion. ZT Systems is a developer of data center hardware for cloud computing and AI. The deal, which was announced in August 2024, is AMD's latest step to expand its data center systems offering against rival NVIDIA. The Competition with NVIDIA for "AI Factories” With this acquisition, AMD can better position itself as a player in the AI data center market and provide large clients like Microsoft and Meta...