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flag AMD acquires server maker ZT Systems for $4.9B to expand AI capabilities and challenge Nvidia.

flag AMD acquires server maker ZT Systems for $4.9B in a cash-and-stock deal to expand AI capabilities and challenge Nvidia. flag The acquisition aims to accelerate deployment of AMD's latest AI graphics processing units (GPUs) at scale for cloud computing companies like Microsoft. flag AMD plans to sell ZT Systems' server manufacturing business after the deal closes.

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