Reported 2 days ago
AMD has successfully closed a $4.9 billion deal to acquire AI infrastructure company ZT Systems, enhancing its capabilities in the AI and data center sectors. CEO Lisa Su shared insights on the importance of AI infrastructure and the company’s strategic focus on partnerships in manufacturing rather than producing its own chips. In light of current market dynamics and tariff implications, she expressed confidence in the ongoing growth of the AI sector, emphasizing that enterprises are still in the early stages of AI adoption.
Source: YAHOO