➀ AMD announces a $490 million acquisition of ZT Systems, a leading AI infrastructure provider. ➁ The deal includes 75% cash and 25% stock payment. ➂ ZT Systems, with annual revenue of about $10 billion, will complement AMD's AI capabilities. ➃ AMD plans to retain about 1000 engineers from ZT Systems. ➄ The acquisition is expected to close in the first half of 2025, subject to regulatory approvals.
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