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Chronicles

The story behind the story

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AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025

ZT Systems produces servers, other equipment used in data centers for artificial intelligence

Wall Street Journal Asa Fitch

Discussion

  • Phoronix Michael Larabel on x
    AMD Acquiring Another Company To Bolster Its AI Play
  • @patrickmoorhead Patrick Moorhead on x
    Never heard of @ZTSystems? Here are the basics: -What it does: Designs, integrates, manufactures, and deploys rack-level, hyperscale AI systems -Revenue: $10B annually -Largest customers: @awscloud & @Azure (rumored) -Headcount: ~2K, ~1K design and customer HC, ~1K manufacturing
  • @economyapp @economyapp on x
    $AMD acquires ZT Systems for nearly $5B. ZT Systems designs data center equipment for cloud computing and AI. ZT has more than $10B in annual sales. But AMD plans to sell ZT's manufacturing business and keep only the system design part. [image]
  • @patrickmoorhead Patrick Moorhead on x
    AMD Boosts GPU Server Design Capabilities With ZT Systems Acquisition Today, AMD announced it is acquiring ZT Systems, a leading hyperscale systems design and ODM house for GPU rack systems. I want to thank @AMD CEO @LisaSu for her time yesterday to break the deal down for me. [i…
  • @lisasu Lisa Su on x
    Very excited to announce we have signed an agreement to acquire leading hyperscale solutions provider @ZTSystems. Next major step in our AI strategy combining our silicon, software and ZT's world class systems expertise to enable rapid deployment of @AMD AI solutions at scale for…
  • r/AMD_Stock r on reddit
    AMD to Significantly Expand Data Center AI Systems Capabilities with Acquisition of Hyperscale Solutions Provider ZT Systems
  • r/wallstreetbets r on reddit
    AMD to Significantly Expand Data Center AI Systems Capabilities with Acquisition of Hyperscale Solutions Provider ZT Systems
  • r/Amd r on reddit
    AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock