AMD sells ZT Systems, retains engineers to better compete with Nvidia: Citi

Semiconductor Maker Advanced Micro Systems Reports Quarterly Earnings

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Advanced Micro Devices (NASDAQ:AMD) is divesting ZT Systems, a data center manufacturing infrastructure company, for $3B, yet the semiconductor firm retained ZT’s engineering team to help it better compete with Nvidia (NASDAQ:NVDA), according to the analysts at Citi Research.

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