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ZT Systems

Will Advanced Micro Devices stock rise to $200? One Wall Street firm thinks so.

Increasing demand for Advanced micro devices‘ (NASDAQ:AMD) Data center chips drove the stock to a high of $227 earlier this year. According to Wedbush, the stock is currently below that high – around $157 – offering an attractive entry point….

AMD acquires server manufacturer ZT Systems for $4.9 billion in cash and stock

By Max A. Cherney (Reuters) – AMD said on Monday it plans to acquire server maker ZT Systems for $4.9 billion, as the company aims to expand its portfolio of chips and hardware for artificial intelligence and compete with Nvidia….