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AMD to buy ZT Systems in $4.9bn deal

By Michele Maatouk

Date: Monday 19 Aug 2024

(Sharecast News) - Advanced Micro Devices said on Monday that it has agreed to buy AI infrastructure provider ZT Systems in a $4.9bn cash and share deal.
The price includes a contingent payment of up to $400m based on certain post-closing milestones.

Once the deal closes, ZT Systems will join...

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