AMD plans to buy $150M in Nutanix stock and provide up to $100M to fund joint initiatives to develop an infrastructure platform for powering AI applications
AMD will buy $150M in Nutanix stock and provide up to $100M to fund joint initiatives to develop an infrastructure platform for powering AI applications
Advanced Micro Devices Inc. will buy $150 million in Nutanix Inc. stock as part of a new partnership that also includes joint engineering and sales efforts.
Meta agrees to acquire up to 6GW of AMD Instinct GPUs in a deal valued at $100B+ that could see Meta own up to 10% of AMD; Meta plans to deploy 1GW in 2026
Meta agrees to acquire up to 6GW of AMD Instinct GPUs in a deal valued at $100B+ that could see Meta own up to 10% of AMD; Meta plans to deploy 1GW in 2026
The deal could result in Meta owning as much as 10% of AMD's stock as the chip maker seeks to challenge Nvidia
AMD says it has acquired the employees behind AI inference chip developer Untether AI, a day after announcing it acquired AI software optimization startup Brium
The chip designer confirms to CRN that it has acquired the employees of Untether AI, a developer of AI inference chips marketed …
AMD announces it will sell the server-manufacturing business of recently acquired US-based ZT Systems to Sanmina in a $3B deal
Arsheeya Bajwa / Reuters :
AMD completes its $4.9B purchase of data center equipment designer ZT Systems, announced in August 2024, taking on its roughly 1,000 design engineers
Chip giant CEO Lisa Su says AI is still in its ‘very early stages’ as the company revs up competition with Nvidia
Sources: TSMC has pitched Nvidia, AMD, Broadcom, and Qualcomm about taking stakes in a JV to run Intel Foundry; TSMC would hold no more than a 50% stake
TSMC (2330.TW) has pitched U.S. chip designers Nvidia (NVDA.O), Advanced Micro Devices (AMD.O) and Broadcom (AVGO.O) …
Sources: AMD is in talks with Asian companies for a $3B to $4B sale of data center manufacturing plants, which it inherited in its $4.9B ZT Systems acquisition
Bloomberg :
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
chipmaker strengthens AI ecosystem with ZT Systems' expertise in server design Josh Norem / ExtremeTech : AMD Acquires AI Infrastructure Company ZT Systems for $4.9 Billion Diana Goovaerts / Fierce Ne...