AMD's $4.9 billion ZT Systems deal faces EU antitrust decision by March 12

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BRUSSELS : European Union antitrust regulators will decide by March 12 whether to clear U.S.chipmaker AMD's $4.9 billion bid for server maker ZT Systems, a European Commission filing showed on Wednesday.

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ZT makes AI infrastructure for the world's largest hyperscale computing companies, with Microsoft and Meta Platforms among its customers.

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Category: EconomyBusiness

Markets: Singapore

Topics: European Company Advanced File Micro Photo: Semiconductor Logo Mediacorp Experience

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 21:50:55 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 198 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25910037

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Publisher ID: #27

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