AMD Analysts On ZT Systems Buy: 'A Step in the Right Direction' To Narrow Gap With Nvidia
AMDAMD(AMD) Benzinga·2024-08-21 02:51

Advanced Micro Devices Inc AMD has caught the market’s attention with its latest strategic move—the acquisition of ZT Systems, a privately-held company known for its expertise in compute infrastructure.As AMD aims to bolster its AI systems capabilities, Wall Street analysts have shared their mixed reactions. Here’s a look at what the experts have to say about this $4.9 billion deal and its implications for AMD's future.JPMorgan On AMD Stock: Narrowing The Gap With NvidiaJPMorgan analyst Harlan Sur maintains ...